How to Never Mix Up the Debt and Deficit Again

Everyone knows that our nation is in a lot of trouble when it comes to our national finances, but what fewer people understand is the difference between debt, deficit, and the GDP.

The terms are often used interchangeably, especially by today’s politicians, but they really shouldn’t be since they actually mean different things.

Learn what their official definitions are, and find out which numbers you actually need to pay attention to vs. which ones you can ignore.

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About cozbycpa

Heather L. Cozby is a CPA on the South Shore and Cape Cod. The managing partner of Cozby & Company, LLC, Heather has the resources and experience necessary to provide quality professional services on a timely basis and at a reasonable cost. She specializes in tax planning & preparation; audit, review & compilation services; management advisory services; bookkeeping; and accounting. Her unique niche is in working with homeowners’ associations and condominium trusts, advising with rental real estate, and providing outsourced financial consulting for mid-sized companies. She is more entrepreneurial than most accountants, and offers the best of both worlds - providing the services of a larger firm while retaining the ability to connect with her clients on a personal level.
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