The federal debt in the United States
A) is the difference between federal government revenues and expenditures in a given year.
B) has increased due to the budget deficit caused by the difference between revenues and expenditures.
C) was eliminated due to George W. Bush's efforts to balance the budget.
D) consists of the interest that government must pay on the budget deficit.
E) is just under $1,000,000,000.
Answer: B
AP Government
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