{"id":6400,"date":"2024-08-19T12:00:00","date_gmt":"2024-08-19T04:00:00","guid":{"rendered":"https:\/\/flexstar-assets.com\/v4\/2024\/08\/19\/budget-deficits-kept-going-up-and-reached-a-new-high\/"},"modified":"2024-08-19T12:00:00","modified_gmt":"2024-08-19T04:00:00","slug":"budget-deficits-kept-going-up-and-reached-a-new-high","status":"publish","type":"post","link":"https:\/\/assets.flexstargroup.my\/v4\/2024\/08\/19\/budget-deficits-kept-going-up-and-reached-a-new-high\/","title":{"rendered":"Budget deficits kept going up and reached a new high"},"content":{"rendered":"<p>When the US economy is not well, every country in the world will feel its impact. It&#8217;s just a matter of how big or how small. Well, their budget deficits are going up and has reached a new high. <\/p>\n<p>According to AI overview by google, this is budget deficit definition. &#8220;A budget deficit occurs\u00a0when a government spends more money than it receives in revenue during a specific period of time.\u00a0The amount by which spending exceeds revenue is called deficit spending&#8221;<\/p>\n<p>Briefly, the government is spending more than the revenue it gets, so it has to borrow to cover this amount and thus it&#8217;s in a deficit.<\/p>","protected":false},"excerpt":{"rendered":"<p>When the US economy is not well, every country in the world will feel its impact. It&#8217;s just a matter of how big or how small. Well, their budget deficits are going up and has reached a new high. According to AI overview by google,&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[62],"tags":[],"class_list":["post-6400","post","type-post","status-publish","format-standard","hentry","category-property"],"acf":[],"_links":{"self":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/comments?post=6400"}],"version-history":[{"count":0,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6400\/revisions"}],"wp:attachment":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/media?parent=6400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/categories?post=6400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/tags?post=6400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}