Debt & Deficit by Lacy Wolters https://padlet.com/lacy_wolters/dv2xnfg1y4m7 en-us 2018-11-13 20:11:07 UTC 2025-10-30 18:05:18 UTC hello@padlet.com https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832794 federal debt is the money we owe as a country and the deficit is how much we owe per year. ]]> 2018-11-15 15:02:42 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832794 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832817 The difference is the federal debt is okay to a certain point, if you pay it back but a deficit is your like way way in debit. LIke you have so much money to pay you don't know what to do.]]> 2018-11-15 15:02:44 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832817 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832828 Deficit is the amount of money from one year that you owe on. Debt is the total amount of money you owe.]]> 2018-11-15 15:02:45 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832828 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832832 Federal dept is the money owed including all 50 states while the federal deficit is the amount of money all 50 states have to pay back.

]]> 2018-11-15 15:02:46 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832832 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832887 Federal debt is what they owe already but the deficit is the debt added each year.

]]> 2018-11-15 15:02:54 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304832887 deficit is the difference of money in your budget and what you're actually spending, and debt is what you owe https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833025 2018-11-15 15:03:13 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833025 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833242 Federal debt is what we owe as a country and deficit is owe per year]]> 2018-11-15 15:03:36 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833242 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833494 debt is the money they owe ]]> 2018-11-15 15:03:57 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833494 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833605 Taxation is how much money we provide as the people and that may change our debt. ]]> 2018-11-15 15:04:08 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833605 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833624 money that we own
money we own per year]]> 2018-11-15 15:04:10 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833624 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833749 The more debt we accumulate the high our taxes will be.]]> 2018-11-15 15:04:20 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304833749 taxation can help pay the deficit, a government would raise taxes to increase revenue. https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834019 2018-11-15 15:04:41 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834019 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834044 A government tends to spend more money than it has because the government wants to make better programs or help to grow and accomplish the economy.]]> 2018-11-15 15:04:43 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834044 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834204 Some people don't pay there taxes and that could be bad or good depending on how much you owe.]]> 2018-11-15 15:04:58 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834204 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834373 The budget deficit is the difference between what the federal government spends and what it takes in . The national debt, also known as the public debt, is the result of the federal government borrowing money to cover years and years of budget deficits.]]> 2018-11-15 15:05:17 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834373 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834386 federal debt is what we owe and the deficit is what we owe per year

]]> 2018-11-15 15:05:18 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834386 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834429 The interest rate decides how much taxes we would be paying. If the interest rate is high, goods will be more expensive causing us to pay more. ]]> 2018-11-15 15:05:22 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834429 government might spend more money than it has when they are fighting a war, this might be a good idea if they know that they can pay back the money. https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834503 2018-11-15 15:05:31 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834503 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834800 Taxes can help us pay off our debt, so the government can raise taxes in order to increase our surplus]]> 2018-11-15 15:06:00 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834800 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834834 Taxation allows the government to collect money to help pay off the dept and deficit. A government may lower or raise taxes depending on how long it is taking to pay off the dept.]]> 2018-11-15 15:06:05 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834834 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834844 The more debt the higher the interest rates.

]]> 2018-11-15 15:06:06 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834844 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834864 The taxes we pay could go towards the deficit and debt but we choose to spend money on other things. If the government needs more money they could tax us more. ]]> 2018-11-15 15:06:07 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834864 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834981 interest increases the debt would slow down]]> 2018-11-15 15:06:21 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834981 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834991 Bank interest rates can differ they go up or down and that can cause a lot of people to go into debit if they don't have a steady rate. When they increase prices may go up or down depending on other finances. Same with decreasing.]]> 2018-11-15 15:06:23 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304834991 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835023 the more debt we have, the higher our taxes are]]> 2018-11-15 15:06:26 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835023 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835284 To help those who are in need. ]]> 2018-11-15 15:06:53 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835284 It may be needed for something very important. Although the government should spend its money more wisely. https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835393 2018-11-15 15:07:06 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835393 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835625 Depending on the interest rate, the federal debt and deficit may increase or decrease. When interest rates increase, you are accumulating more money or spending more money and when they decrease, you are not paying enough. ]]> 2018-11-15 15:07:27 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835625 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835626 debt is what you owe and deficit is what you owe per year]]> 2018-11-15 15:07:27 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835626 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835634 our interest rates go up if we have more debt]]> 2018-11-15 15:07:28 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835634 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835752 Bank interest may be higher or lower due to how high or low the federal dept is. Economy may slow in growth or grow a lot.]]> 2018-11-15 15:07:39 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835752 higher interest rate means more debt, lower means less debt https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835824 2018-11-15 15:07:45 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304835824 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836064 They may think by the end of each year or whenever they figure out there money, they might come out even. Like they might come off not in debt. It could be a great idea if they gained all the money back.]]> 2018-11-15 15:08:06 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836064 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836215 The difference is federal debt is the money you pay and the deficit is the amount of money you spend per year.]]> 2018-11-15 15:08:20 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836215 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836301 Tax is government fee and extra money from our debt is tax
government got money from our tax ]]> 2018-11-15 15:08:27 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836301 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836375 when growing the economy or making it better]]> 2018-11-15 15:08:34 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836375 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836393 Increase national GDP.]]> 2018-11-15 15:08:37 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836393 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836596 more the debt, the higher the taxes]]> 2018-11-15 15:08:57 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836596 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836664 The government spends money they don't have because they think we will find our way out of debt. We spend a lot of money on our armed forces which is okay but we also spend a lot of money on things that really do not matter that much.]]> 2018-11-15 15:09:05 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304836664 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837048 They spend it on something that they think is important but sometimes it is wasted money lol]]> 2018-11-15 15:09:42 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837048 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837244 A government may choose to spend more money than it has in a time of crisis or when the government knows the budget can get raised. ]]> 2018-11-15 15:09:59 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837244 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837253 the more debt we have, the higher the interest rates will end up being]]> 2018-11-15 15:10:00 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304837253 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304838875 We might pay more tax 
It's change our tax that we should pay ]]> 2018-11-15 15:12:29 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304838875 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304839296 Taxation is what you pay to the government which like a deficit and debt to spend or pay money.]]> 2018-11-15 15:13:12 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304839296 https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304841998 Because government use money for  develop country.]]> 2018-11-15 15:17:38 UTC https://padlet.com/lacy_wolters/dv2xnfg1y4m7/wish/304841998