VIDEO3:2303:23

Understanding the difference between debts and deficits

Name: Debts, deficits, and how the U.S. actually borrows money
Uploaded: 2020-05-06T18:29:08.000Z
Duration: 3 min 23 s
Description: The U.S. government is spending trillions to combat the coronavirus, adding to the country's debt. But what is debt and deficit spending, and what's the difference between the two?

The U.S. government is spending trillions to combat the coronavirus, adding to the country's debt. But what is debt and deficit spending, and what's the difference between the two?

03:23

Wed, May 6 20202:29 PM EDT

Stephen Parkhurst

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