Khan Academy
Khan Academy: Economics: Deficit and Debt Ceiling
Learn the differences between the deficit, debt and the debt ceiling and how the US is able to fulfill their obligations even after the debt ceiling has been reached. [9:57]
Khan Academy
Khan Academy: Economics: The Government's Financial Condition
Did you know that for every dollar the US government spends they have to borrow $.40 of that dollar? Or that for every dollar of revenue the government brings in they are taking an equal amount in financial obligation? A video...