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GOVERNMENT |
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Department of Agriculture: |
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Oversees farming, ranching, and forestry. |
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Department of Commerce: |
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Promotes economic growth and supports trade. |
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Department of Defense: |
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Manages the country's armed forces. |
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Department of Education: |
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Supports public education and research. |
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Department of Energy: |
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Oversees national energy policy and nuclear safety. |
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Department of Health and Human Services: |
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Administers programs like Medicare and Medicaid, and oversees agencies like the FDA and NIH. |
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Department of Homeland Security: |
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Focuses on national security, including border protection, counterterrorism, and disaster response. |
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Department of Housing and Urban Development: |
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Develops national housing and community development policies. |
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Department of the Interior: |
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Manages and conserves federal lands and natural resources. |
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Department of Justice: |
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Enforces federal laws and serves as the nation's legal counsel. |
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Department of Labor: |
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Oversees workplace safety, wages, and labor-related issues. |
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Department of State: |
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Handles foreign policy and relations with other countries. |
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Department of Transportation: |
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Manages national transportation systems. |
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Department of the Treasury: |
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Manages federal finances, including collecting taxes and printing currency. |
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Department of Veterans Affairs: |
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Provides benefits and services to veterans. |
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FEDERAL |
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REVENUE |
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Corporate tax |
$425 |
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Estate Tax |
$88 |
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Excise tax |
$88 |
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Income Tax |
$2,633 |
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Misc |
$136 |
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Payroll tax |
$1,484 |
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Tariff |
$100 |
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$4,954 |
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EXPENSES |
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Edcuaiton |
$677 |
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Health |
$755 |
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Income security |
$865 |
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Medicare |
$765 |
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Security |
$767 |
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VeteranBenefit |
$274 |
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$4,103 |
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Net Intrest |
$475 |
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Social Security |
$1,219 |
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$6,071 |
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STATE-CITY |
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GROUP |
BUDGET |
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0-PROMO |
$100,000,000,000 |
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ART |
$100,000,000,000 |
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COMMERCE |
$100,000,000,000 |
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Education |
$100,000,000,000 |
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ENTERTAINMENT |
$100,000,000,000 |
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EVENTS |
$100,000,000,000 |
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Fashion |
$100,000,000,000 |
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FINANCE |
$100,000,000,000 |
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FOOD |
$100,000,000,000 |
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HEALTH |
$100,000,000,000 |
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HOUSING |
$100,000,000,000 |
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HR |
$100,000,000,000 |
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INFRA-HOUSING |
$100,000,000,000 |
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MEDIA |
$100,000,000,000 |
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Opportunities |
$100,000,000,000 |
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SECURITY |
$100,000,000,000 |
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Spiritual |
$100,000,000,000 |
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SPORTS |
$100,000,000,000 |
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TECH |
$100,000,000,000 |
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TRAVEL |
$100,000,000,000 |
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ZZ-MANAGEMENT |
$500,000,000,000 |
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ZZZ |
$500,000,000,000 |
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TOTAL |
$3 TRILLION |
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FINANCE –DEBT
The US national debt is the total amount of money the federal government has borrowed over time to cover the difference between its spending and revenue, which currently stands at over $37.8 trillion as of late 2025.
This debt is made up of two parts: "debt held by the public" and "intragovernmental holdings".
It accumulates through annual budget deficits, driven by factors like spending on programs like Social Security and healthcare, tax cuts, and increased interest payments on the debt itself.
How the US national debt works
Debt vs. Deficit: A deficit occurs when the government spends more than it collects in revenue in a given year, forcing it to borrow money to cover the shortfall. The national debt is the accumulation of all these past deficits.
How the government borrows: The government borrows money by selling securities like Treasury bonds, notes, and bills to investors.
Two types of debt:
Debt held by the public: This is the portion of the debt held by individuals, corporations, foreign governments, and other entities outside the US government.
Intragovernmental holdings: This is the debt the government owes to itself, such as to the Social Security and Medicare trust funds.
What causes the debt to grow
Budget deficits: The primary cause is the government spending more than it takes in.
Demographics: An aging population and longer life expectancies increase costs for programs like Social Security and Medicare.
Healthcare costs: The high cost of the US healthcare system is a significant factor.
Tax cuts and spending: Decisions such as tax cuts or increased spending without corresponding revenue increases contribute to the debt.
Rising interest costs: As the debt grows, the interest the government must pay on it increases, creating a cycle where more new borrowing is needed just to pay the interest on old debt.
What are the implications
Interest payments: A growing portion of the federal budget is spent on interest payments, which crowds out spending on other programs and investments.
Economic impact: A large and growing debt can lead to higher interest rates, potentially slowing economic growth and increasing borrowing costs for businesses and individuals.
Future generations: Future generations may be burdened by the debt, which could impact opportunities for economic growth and stability. |
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