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Monster Essays - The National Debt
The National Debt
For the past centuries, the american people dug themselves into a big
hole which is the National Debt. In this paper I will discuss the history of
the national debt, effects on the debt/deficit, wais to reduce it and control
the deficit. the national debt has increased every year from 1945 to 1995. The
biggest increase of the debt was from the years 1985 to 1995 whwn it went up
about three trillion dollars. Right after the Civil War the debt held at three
billion dollars. In 1900, this debt of three million dollars had decreased to
one million dollars. In 1919, at the end of the World War 1, the debt
skyr....
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