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228 bytes removed ,  18:52, October 16, 2010
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see also
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[[File:Obama deficits 2009-2010.JPG|275px|right|thumb|Under President Obama, the federal deficit is approaching 100% of [[Gross Domestic Product]] (GDP). The Greek Debt Crisis of 2010 was preciptated when the Greek deficit reached 115% of GDP.]]
   
'''Federal Budget Deficit''' is the difference in any year between the [[government]] revenue and the government spending. The national [[debt]] is the cumulative unpaid total of the annual [[deficit]]. The government essentially always runs a deficit, in large part due to [[Medicare]] expanding far beyond [[CBO]] expectations.
 
'''Federal Budget Deficit''' is the difference in any year between the [[government]] revenue and the government spending. The national [[debt]] is the cumulative unpaid total of the annual [[deficit]]. The government essentially always runs a deficit, in large part due to [[Medicare]] expanding far beyond [[CBO]] expectations.
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== See also ==
 
== See also ==
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*[[National debt]]
 
*[[Federal]]
 
*[[Federal]]
 
*[[Federal Communications Commission]]
 
*[[Federal Communications Commission]]
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