The prospect is increasingly worrisome because of the large annual federal deficits that the nation has been running and the resulting increase in the national debt.

由于美国每年承受高额联邦赤字、外债水涨船高，这样的前景日益令人感到不安。

youdao

With that compromise behind them, the White House and Congress are now plunging into a larger debate over long-term deficits and the rising national debt.

由于双方私下妥协，现在白宫和国会又陷入一个有关长期财政赤字问题和增加国债更大的争论中。

youdao

Instead, Obama is trying to change an economic debate that has been focused on deficits and on managing the national debt to one about middle-class opportunities and economic growth.

NPR: Obama Bypasses Congress With Public Economic Pitch

The deficits and national debt will more or less rise in line with these spending increases.

FORBES: If Alan Greenspan Wants To 'End The Fed', Times Must Be Changing

It also GREATLY exacerbated the sovereign debt bubble, government deficits and National Debts.

FORBES: If Alan Greenspan Wants To 'End The Fed', Times Must Be Changing