Which statement is true?A) We have a national debt over $12 trillion.B) We have a federal budget deficit of over $8 trillion.C) We had 4 years of budget surpluses during Bush II administration.D) We had budget deficits every year of the Clinton administration.

Question

Malum Kranus · Accepted Answer

Final Answer : A, Explanation :  According to the US National Debt Clock, as of September 2021, the national debt of the United States was over $28 trillion. Therefore, statement A is true. Statement B is false, as the federal budget deficit is estimated to be around $3.15 trillion for 2021. Statement C is also false, as there were only three years of budget surpluses during the Clinton administration (1998-2000), not during the Bush II administration. Statement D is false, as the Clinton administration had a budget surplus in three out of eight years.

Which statement is true?

A) We have a national debt over $12 trillion.
B) We have a federal budget deficit of over $8 trillion.
C) We had 4 years of budget surpluses during Bush II administration.
D) We had budget deficits every year of the Clinton administration.

Definitions

Learning Objectives

Learning Objectives

Related questions