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Paragraph Styles Editing Determine how each of the following situations would impact the national debt. Then, determine whether each of the following situations lead the federal government toward a budget surplus or a budget deficit. Explain your answer. (The first one has been done as an example for you.) Debt Situation Increase/ Surplus or Deficit Explanation Decrease Ex. Floods ravage the If the government provides funding Midwest so the president for natural disasters without declares the region a Increase Deficit increasing taxes or decreasing national disaster allowing spending, the debt and deficit will for federal aid to victims. increase. Congress increases taxes on all citizens without increasing spending. To spur spending, Congress mails every taxpayer a $100 check without raising taxes. A record number of Americans are living past the age of 65. A tariff on all goods made in China increasing price and spurring business growth in the United Focus