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Old 02-10-2015, 05:47 PM
 
26,191 posts, read 21,591,383 times
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Quote:
Originally Posted by Linda_d View Post
According to your link, the federal deficit was decreasing. Wouldn't that mean that the nation debt was decreasing, too?
Deficit and debt aren't the same thing, if there is still a deficit the us govt is spending more than it makes. The deficit could decline every year and the debt could continue to grow
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Old 02-10-2015, 05:55 PM
 
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Originally Posted by Linda_d View Post
According to your link, the federal deficit was decreasing. Wouldn't that mean that the nation debt was decreasing, too?
One part of it is unwinding. The total debt part and I couldn't see what was bringing the total debt down so I asked about it.
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