The website uses cookies to optimize your user experience. Using this website grants us the permission to collect certain information essential to the provision of our services to you, but you may change the cookie settings within your browser any time you wish. Learn more
I agree
Summary | 5 Annotations
The U.S. is approaching $20 trillion in national debt
2017/04/18 10:49
, it’s that both parties share responsibility for boosting the debt. Fighting wars, big tax cuts and economic stimulus packages have all added to the burden over the years.
2017/04/18 10:50
The U.S. spent heavily on the wars in Afghanistan
2017/04/18 10:51
According to consultant Kathy Ruffing, the two wars account for about $2 trillion of the debt, including interest.
2017/04/18 10:51
debt held by the public would rise to 150% of the total economy in 2047 from the 77% it’s at now
2017/04/18 10:52