When the US government uses emergency funding in the billions or even trillions, where is it getting the money from?
In: Economics
It is also important to recall that a lot of money isn’t physical or even really present. For instance when a college lets a student attend with out paying (full scholarship) the school claims to have awarded a scholarship of x amount of money. Except, the school was going to have the same classes and pay the same teachers and put out the same amount of food at the cafeteria. The school didn’t spend any more money than they would have otherwise, they just didn’t get paid by that one student. But the money is still accounted for.
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