(NPR) U.S. To Owe More Than The Size Of Its Economy For The 1st Time In 75 Years

U.S. To Owe More Than The Size Of Its Economy For The 1st Time In 75 Years





U.S. To Owe More Than The Size Of Its Economy For The 1st Time In 75 Years






Sheets of one-dollar bills run through the printing press at the Bureau of Engraving and Printing on March 2015 in Washington, D.C. National debt is expected to reach an all-time high of 107% of GDP in 2023.



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U.S. To Owe More Than The Size Of Its Economy For The 1st Time In 75 Years



Congressional forecasters expect the federal deficit to reach $3.3 trillion during the current fiscal year. By 2023, government debt will reach an all-time high of 107% of GDP.