National Debt 101
What do we call the total amount of money the federal government owes?
National DEBT
What do we call money collected by the government from individuals and businesses?
Taxes
What do we call government decisions about taxation and spending?
Fiscal Policy
What do we call a sustained increase in the general price level?
Inflation
What is the name of the initiative hosting today's event?
UP TO US
What is it called when government spending exceeds revenue?
Budget Deficit
Which federal program provides retirement benefits to eligible Americans?
Social Security
Which branch of government passes federal tax and spending laws?
Legislative
What federal grant helps eligible low-income students pay for college?
Pell grant
Which college are we representing in the competition?
What does the government pay on borrowed money?
Interest
What federal health insurance program primarily serves people aged 65 and older?
What is it called when government revenue exceeds spending?
Budget Surplus
What does GDP stand for?
Gross Domestic Product
What does it mean when an initiative doesn't support a particular political party?
Nonpartisan
Approximately how many trillions of dollars is the U.S. national debt in late 2026?
$40 Trillion
What type of spending includes military funding?
Defense Spending
What fiscal policy is used to stimulate economic activity?
Expansionary
What is a general decline in economic activity called?
Recession
Which nonprofit organization coordinates the Up to Us competition?
Net Impact
What government department issues Treasury securities to borrow money?
Treasury Department
What is government spending required by existing laws generally called?
Mandatory Spending
What fiscal policy is used to slow economic activity?
Contractionary
What do economists call a sustained decrease in the general price level?
Deflation
What is the term for citizens actively participating in their communities and government?
Civic Engagement