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<p>[QUOTE="ToughCOINS, post: 3219560, member: 20480"]Good response.</p><p><br /></p><p><br /></p><p><br /></p><p>The deficit and the debt are two different things. The debt is how much we owe in total. The deficit is how much more that we spend than we budgeted for a particular year. </p><p><br /></p><p>We are currently paying interest on the debt, and it is over one hundred billion dollars annually. If we didn't already have a debt, we could run a deficit for a limited time, and easily afford to do so, especially if we had a surplus of funds in the coffers. Unfortunately, we do not.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 3219560, member: 20480"]Good response. The deficit and the debt are two different things. The debt is how much we owe in total. The deficit is how much more that we spend than we budgeted for a particular year. We are currently paying interest on the debt, and it is over one hundred billion dollars annually. If we didn't already have a debt, we could run a deficit for a limited time, and easily afford to do so, especially if we had a surplus of funds in the coffers. Unfortunately, we do not.[/QUOTE]
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