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Category:	Miscellaneous
Word Count:	2655
Featured Papers from DirectEssays 1. The National Debt Good or Bad 2. What The Government Bankrupt 3. US National Debt 4. hamilton and national debt 5. National Debt

	National Debt
	National Debt National debt is the total amount that the federal government owes because of money it has borrowed by selling bonds or other securities. The national debt exists because the government’s expenditures often exceed its income from taxes. In such situations, the government sells bonds to get the extra money it needs. It must repay the amount of the bonds on a specific date, and it must also pay interest on this indebt ness. Government debt differs from private debt because the gove

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National Debt