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Know Your Washington Buzzwords

12/02/2018 , , , , , , , , ,
When the federal government spends more than it collects in taxes, which it does most years, it has to borrow money to make up the difference. That gap is the federal deficit, which is expected to top $1 trillion in 2019.

Deficit? Debt? Shutdown? Debt ceiling? NPR offers a guide to some of the political and economic terms you're likely to hear.

(Image credit: Alyson Hurt/NPR)



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