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February 5, 2023

Government expenditures and the assessment of taxes is an issue…

Government expenditures and the assessment of taxes is an issue that goes back to the origins of the United States. Why do legislators and other politicians choose to spend so much money? What is the federal deficit and how is it different from the national debt? What has happened recently to federal deficits and the national debt, and what are some risks associated with persistently high deficits and a large national debt? Please be detail in your explanation. Include reference and in- text citation

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