Abstract
In the introduction, I mentioned that the national debt was far too large to put on a traditional credit card. But as this chapter will show, the U.S. Treasury and its agencies allow the country to spend and borrow, much like an individual with a wallet full of credit cards.
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References
Bureau of the Public Debt, “Our History,” www.publicdebt.treas.gov/history/history.htm (accessed February 6, 2011).
TreasuryDirect Kids, “The History of U.S. Public Debt: The Beginning of U.S. Debt,” www.treasurydirect.gov/kids/history/history.htm (accessed February 6, 2011).
Bureau of the Public Debt, “Commissioner’s Welcome,” www.publicdebt.treas.gov/whoweare/welcome.htm (accessed February 8, 2011).
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© 2011 Marie Bussing-Burks
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Bussing-Burks, M. (2011). A Huge Credit Card. In: Deficit. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-3660-3_2
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DOI: https://doi.org/10.1007/978-1-4302-3660-3_2
Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4302-3659-7
Online ISBN: 978-1-4302-3660-3
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