Budget deficit is the difference between what the federal government spends (Called layouts) and what it takes in (Revenue or receipts) 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.
On 6 April 1944 Anne Frank makes a list in her diary of all her hobbies: writing, family trees and royal families, history, Greek and Roman myths, film stars, family photos and reading.
