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public debt English

Meaning public debt meaning

What does public debt mean?

public debt

the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation

Synonyms public debt synonyms

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Examples public debt examples

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News and current affairs

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

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