It is correct that the opponents of balanced-budget policies argue that the government debt can continue to increase forever. Therefore, the statement given above holds true.
Balanced-budget policies can be referred to or considered as policies of the budget of an economy during a given financial period. These policies include the plans and projections, as well as the actions that need to be taken over the course of the policy.
There have been some irregularities in the balanced-budget policies that have not been able to maintain the courses of action in the policies. As a result, opponents have criticized that if governments follow these policies, it may lead to an increase in their debts.
Therefore, the significance regarding balanced-budget policies hold true.
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