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What is public and national debt?

Updated: 8/22/2023
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Wiki User

9y ago

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Public debt is the money owed by any one branch of the government. National debt is the money owed by all the branches of government.

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9y ago
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Momna Momna

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12mo ago
How can government takes debt from public
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15y ago

its all of the money borrowed by the government over the years and not yet repaid, plus the accumulated interest on that money.

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Q: What is public and national debt?
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Related questions

Where is it possible to learn about public debt?

You can learn about the public debt from a variety of locations. This includes looking up data that is supplied by the National Audit Office or by looking at literature from the National Debt Organisation.


What US Treasury bureau monitors the investments of national banks?

The Bureau of Public Debt monitors the investments of national banks. The Bureau of Public Debt was founded in 1940 and dissolved in 2012.


How big is the Canadian public debt?

The Canadian public debt, which is also called the "national debt" or the "public debt" in Canada. The cost of the debt is constantly changing. You can find up to date information from a Canadian based website called Debtclock (the website will end in a Canadian domain of .ca)


What is the physical collateral of the national debt?

The physical collateral for the national debt is all public land. National Parks, State Parks, Bureau of Reclamation Lands and Forest Service Lands.


Which U.S. Treasury bureau monitors the investments of national banks?

the bureau of public debt


What were reforms instituted by the National assembly in France?

The National Assembly attempted to deal with food shortages and consolidated public debt.


Which us treasury bureau monitors the investiments if national banks?

The bureau of Public Debt. monitors the investments of national banks.


Is the Social Security Trust Fund part of the national debt?

The $2.5 Trillion of debt obligations held by the SS Trust Fund are most certainly part of the National Debt. The obligations are legally parri passu (equal under the law) with the debt held by the public.


What was the national debt in 1791?

the national debt was something used to create national debt


Alexander Hamiltons 1790 Report on Public Credit recommended that the 52 million public debt be?

Pooled with the 25 million dollars of state debt and paid off through bonds and a national bank.


National debt in 2003?

What was the national debt in 2003?


When the federal government spends more money than it takes in it borrows money to make up the difference what is this called?

Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility