Balanced budget
Balanced budgets and budget deficits are a controversial issue among economists and politicians. Some economists think that a balanced budget can lower interest rates, increase investment, shrink trade deficits, and help the economy grow. Other economists think that among countries that can print their own money balanced budgets aren't as important. These economists also say that government spending can boost productivity, innovation, and savings in the private sector. Many economists who think this are supporters of Modern Monetary Theory (MMT).