Q:

What is public borrowing?

A:

Quick Answer

Public borrowing is the total amount of money that has been borrowed by the government. The other terms used to refer to public borrowing are government debt, national debt or public debt.

 Know More

Full Answer

The government issues bonds and securities for borrowing money. All liabilities have to be considered when evaluating the government debt, including pension payments to be paid by the government in the future. Government debt can be broadly classified into internal debt and external debt. Short-term government debts have to be cleared within 1 year, while long-term government debts can be paid in 10 years.

Learn more about Social Services

Related Questions

  • Q:

    What are fostering rates?

    A:

    The amount of money foster care providers receive is determined mainly by the child's age. For example, in 2014, Wisconsin provides a monthly amount of $375 for children under 4, $410 for children from 5 to 11, $466.00 for children 12 to 14 and $487 for children 15 and over.

    Full Answer >
    Filed Under:
  • Q:

    How much in benefits can a single mother receive?

    A:

    According to Forbes, single mothers can receive a varying amount of government benefits depending on their financial situations, number of children and other factors. To determine how much a mother is eligible to receive in benefits, she needs to contact her local government assistance program and fill out eligibility applications.

    Full Answer >
    Filed Under:
  • Q:

    Where does welfare money come from?

    A:

    Welfare money is taken from government revenue, which in turn comes from numerous sources, such as income taxes, social insurance taxes, ad valorem taxes, fees and charges. For 2015, the United States has allotted 8 percent of its total spending budget for welfare.

    Full Answer >
    Filed Under:
  • Q:

    What cities are accepting Section 8 applications?

    A:

    To find out what cities are accepting section 8 housing assistance applications, the applicant must contact the local Public Housing Agencies in the cities to which the applicant is interested in moving. The website of the U.S. Department of Housing and Urban Development has contact information for each individual city and state.

    Full Answer >
    Filed Under:

Explore