Types of Debt
Debt Ceiling
All About The Budget and Debt
The Video
The National Debt and You
100
The total amount of money that the government has borrowed from any source.
What is National Debt or Government Debt?
100
Under the constitution, raising the debt ceiling must be approved by ______
What is Congress?
100
The national debt passed $1 billion around this war
What is the Civil War?
100
The creators of the video, as named IN the video are: Garrett Bocon, Kevin Culver, and _______
Who is Igor Karkarov?
100
To avoid bankruptcy the government is most likely to increase ___________
What are Taxes?
200
Funds borrowed from sources within the country.
What is Internal Debt?
200
Prior to the debt ceiling crisis of 2011, the debt ceiling was _____
What is $14 trillion?
200
The cash difference between government receipts and spending, ignoring intra-governmental transfers is
What is the federal government budget deficit or surplus?
200
This depicts a man in meditation battling with a powerful internal struggle.
What is The Thinker?
200
If the government decides to attack the national debt by curtailing spending, __________ may be reduced significantly.
What are government benefits or programs?
300
Revenue or Income for the government is in the form of _______ and __________
What is tax collection and the provision of services?
300
The debt ceiling can be compared to _____
What is a credit card limit?
300
From 1930 to 1950, the national debt increased by
What is $244 billion?
300
What theme song was first used in the intro?
What is the office theme?
300
A decrease in foreign purchase of Treasury bonds will result in...
What are higher interest rates?
400
Loans that come from foreign lenders create _________
What is External Debt?
400
This act raised the debt ceiling in 2011
What is the Budget Control Act of 2011?
400
The national debt held stable during these years, following World War II.
What is 1946 to 1970
400
What language was Igor speaking throughout the video?
What is Russian?
400
What happens when the government becomes frantic to pay off national debt
What is the dollar weakens?
500
The money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.
What is United States public debt?
500
This agency downgraded the credit rating of the US government bond for the first time in the country's history, on August 5, 2011.
What is Standard & Poor's
500
During ____________'s presidency, the public debt burden fell due to the Deficit Reduction Act of 1993.
Who is Bill Clinton?
500
What country was Barack Obama born in?
What is The United States?
500
A weak dollar commonly results in
What is rampant inflation?
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