Government Spending

The Legal Reality of Deficit Spending and National Debt

Meta Description: Understand the legal underpinnings of federal deficit spending, from the Constitutional authority to the political and statutory limits imposed by the U.S. debt ceiling. Learn about the role of budget law and Congressional oversight in managing the national debt. Deficit spending is a financial term, but its implications are profoundly legal and political. […]

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The Legal Reality of Deficit Spending and National Debt

Understanding Deficit Spending and Its Legal Framework