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One indicator of sensible fiscal practices is maintaining balance between spending and revenues. Occasional deficits may be necessary.

The COVID-19 pandemic is a public health crisis of proportions and complexity not seen in over a century. The highly contagious and dangerous virus has caused millions of deaths in the U.S.

Government budgets reflect the priorities of policymakers. They specify what programs and activities the government will support and how to raise the money needed to fund them.