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Federal Debt is the money that a country has borrowed from others that can not be repaid immediately. Short term notes are not part of the debt.

In the case of the United States, this is money owed to China, Japan, The European Union and other groups. This can not be bankrupted away and will eventually be paid by our children and grandchildren. Debt makes a country weaker.

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15y ago
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Q: How do you calculate federal debt?
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