National Debt

Business / Taxes / National Debt: The total value of all outstanding Treasury bills, notes, and bonds that the federal government owes investors is referred to as the national debt. The government holds some of this debt itself, in accounts such as the Social Security, Medicare, Unemployment Insurance, and Highway, Airport and Airway Trust Funds. The rest is held by individual and institutional investors, both domestic and international, or by overseas governments. There is a debt ceiling imposed by Congress, but it is typically raised when outstanding debt approaches that level. Interest on the national debt is a major item in the federal budget, but the national debt is not the same as the federal budget deficit. The deficit is the amount by which federal spending exceeds federal income in a fiscal year.

Other Words for Debt

Debt Adjective Synonyms: obligation, due, indebtedness, liability, responsibility, accountability, encumbrance
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Other Words for National

National Adjective Synonyms: nationwide, country-wide, state, governmental, civil, public, popular, federal
National Noun Synonyms: nationalistic, nationalist, patriotic, jingoistic, chauvinistic
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Monetize The Debt

Business / Finance / Monetize The Debt: Financing the national debt by printing new money, which causes inflation as a result of a larger money supply. MORE

National Forest

Business / Agriculture / National Forest: Originally, forest reserves, established by Presidential proclamation mostly between 1891 and 1909. Today, the boundaries of the 155 national forests cannot be modified without congressional authoriza MORE

National Football League (NFL)

Entertainment / Football / National Football League (NFL): The largest professional American football league, with 32 teams. MORE

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