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History, 02.04.2020 01:57 TaraC

In 2015, an article in the Wall Street Journal noted that "Prime Minister Shinzo Abe is expected to unveil a plan to balance Japan's budget in five years ... as a step toward reducing the country's debt burden, according to government officials." What is the connection between the government's budget deficit and its debt? If the debt is a "burden," briefly explain what it is a burden on.

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