Lesson summary: Deficits and debts (article) | Khan Academy
https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-long-run-consequences-of-stabilization-policies/deficits-and-debts/a/lesson-summary-deficits-and-debts
WEBSummary. We've learned that expansionary fiscal policy, such as decreasing taxes or increasing government spending, can be a powerful tool to fix a recession. But just like you, if a government’s spending exceeds its income, it has to borrow the difference.
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