The size of the national debt increases when the federal government runs a deficit.

Name: The size of the national debt increases when the federal government runs a deficit.
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When the federal government runs a deficit, it means it is spending more money than it is collecting in revenue. To cover the shortfall, the government has to borrow money by issuing Treasury bonds, notes, and bills. This increases the national debt, which is the cumulative sum of all previous deficits and surpluses.

The Size of the National Debt Increases When the Federal