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LSDefine

Simple English definitions for legal terms

national debt

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A quick definition of national debt:

National Debt: The amount of money that the government owes to others, including other countries and people who have bought government bonds. It's like a big credit card bill that the government has to pay back over time.

A more thorough explanation:

Definition: The national debt is the total amount of money that the federal government owes to its creditors. This includes Treasury bills, notes, and bonds, as well as foreign debt.

Example: The current national debt of the United States is over $28 trillion. This means that the government has borrowed this amount of money from various sources, including individuals, banks, and foreign countries.

Explanation: The example illustrates the definition by showing that the national debt is the total amount of money that the government owes to its creditors. The national debt is a result of the government borrowing money to fund its operations, such as infrastructure projects, social programs, and military spending. The government issues Treasury bills, notes, and bonds to borrow money from individuals and institutions, and it also borrows money from foreign countries. The national debt is a significant economic indicator that affects the country's financial stability and future generations' ability to pay off the debt.

National Daily Quotation Service | national defense

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18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
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