The total amount of money that a country's government has borrowed, by various means
What is the national debt?
200
People start this early because they cannot find jobs
What is social security?
200
Businesses were offered this for hiring workers unemployed for 6 months or more
What is tax-credit?
200
Social security, supplemental security income, and food stamps are all examples of this
What is entitlement spending?
200
Reduction in taxes.
What are tax cuts or Bush tax cuts?
300
$200 billion was spent on this
What is the 2008 financial bailout?
300
This gives more access to healthcare
What is ObamaCare?
300
Name one disadvantage to tax cuts.
What are: entitlement spending, infrastructure growth expenses, etc.
300
The 2010 tax-cut compromise between Obama, extending jobless benefits and reduced income taxes and $200 billion for 2008 financial bailout are parts of this.
What is Obama's economic stimulus plan?
400
The national debt was caused by ____ on ____.
What is 1. too much spending and 2. reduced tax revenue
400
Tax cuts usually lead to an increase in ___.
What is GDP?
400
This state has the lowest percentage for food stamp eligibility.
What is Nevada?
400
As the national debt goes up, this happens.
What is a reduction in investment return?
500
$0.2 trillion in deficit was caused by this
What are the wars in Iraq and Afghanistan?
500
This causes better programs
What is an increase in spending?
500
$147.7 billion was spent on ____.
What is healthcare spending?
500
The national debt had 5 main effects. Name 3.
What are higher interest rates, slow economic growth, weaker job markets, higher taxes, or high rates of inflation?