Archive for national debt

You are browsing the archives of national debt.

Federal Budget Deficit and National Debt Projections Point to Uncertain US Economic Future

White House released projections indicating that the Federal Budget Deficit will rise by almost $9 Trillion by 2019. The new figures also indicate that the national debt in 2019 would have risen to about $23 Trillion, or 76.5% of the GDP.

photo credit: Erik Charlton
How will we as a country spend $9 T more than [...]