What is the difference between a debt and a deficit?

publicAdministration

Financial Plan

What is the difference between a debt and a deficit? Give an example of each. In your opinion, how did the National Debt get so big?

Budget Decisions

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Discuss the major challenges that you believe the public will encounter as a result of the proposed budget (Use the “2017 America First – A Blueprint to Make America Great Again”, located at https://www.whitehouse.gov/sites/whitehouse.gov/files/omb/budget/fy2018/2018_blueprint.pdf). Justify your answer with examples.

Both responses should be completed in APA format, and be a minimum of 150 words each. No plagiarism