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Federal Debt

A short while before this conversation, the Debt Ceiling was surpassed and Congress was notified that if nothing was changed, the US Government would default on its obligations. We begin the conversation discussing the difference between debt and deficit, whether debt should be decreased by increasing income or decreasing expenses and then discuss what the debt means to the country and possible solutions.

Federal Deficit historical graph

Here is the link to the YouTube video.

Brother VS. Brother
Brother VS. Brother
Federal Debt
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