Different theoretical views on national debt,

*Different theoretical views on national debt,

*Long-run costs of high national debt,

*Costs of eliminating the budget deficit solely through (1) personal tax increases, and (2) through spending cut by decreasing in transfer payments (i.e., Social Security, Medicare and Medicaid) and discretionary spending (such as defense and education budgets).

Complete this essay in a Microsoft Word document, APA formatted with minimum three references.

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