Khan Academy: Deficit and Debt Ceiling

Leave your class with a clear understanding of the difference between the federal deficit and debt, the effects of raising the debt ceiling in order to fund borrowing costs, and the risks of defaulting on governmental obligations, such...

Practice what you have learned about deficits and debts in this four-question exercise.

In this video, learn about the distinction between deficits and debts, as well as the pros and cons of deficits. [7:40]

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]

Sal Khan explains how the Chinese buying of American debt leads to lower interest rates. [15:26]

This video touches on topics such as debt vs. equity, market capitalization, asset value, and enterprise value. [13:55]

Upper graders listen to a podcast on the EconTalk website featuring economist Keith Hennessey. The podcast focuses on the Budget Control Act of 2011, the national debt, and government spending. They read specifics about the BCA, then...

In this lesson summary review and remind yourself of the key terms and graphs related to deficits and debts. This lesson focuses on deficit spending and the national debt. This resource is designed as a review for the AP Macroeconomics...

In this lesson summary review and remind yourself of the key terms and graphs related to the crowding out effect. Students will learn about the concept of "crowding out" as a long-term consequence of deficits and debts. This resource is...

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...