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Social Studies, 12.08.2020 22:01 donbright100

In each of the past few​ years, the federal government has regularly borrowed funds to pay for at least​ one-third of expenditures that tax revenues were insufficient to cover. More than 60 percent of all federal expenditures now go for entitlement spending. This fact implies that the government is paying for most of its discretionary expenditures:.

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