Concept information
Preferred term
U.S. budget deficits
Definition
- Demographic conditions profoundly affect the U.S. federal budget. Roughly one half of spending outside of interest on the debt and defense goes to people age 65 and over. [Source: Encyclopedia of Social Problems; Budget Deficits, U.S.]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/U.S._budget_deficits
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