What might be the impact (positive and/or negative) of requiring a balanced budget of the federal government on the economy as a whole?

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State governments are required to maintain a balanced budget. What might be the impact (positive and/or negative) of requiring a balanced budget of the federal government on the economy as a whole? How might a balanced federal budget affect you personally? Your journal entry must be at least 200 words in length. No references or citations are necessary.

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