More Debt than Our Entire Economy
Currently, the publicly held federal debt is at — of GDP. That means the public holds more debt than the size of the entire U.S. economy in —. And that level is projected to rise to — by —.
Each Person’s Share of the Debt
The publicly held federal debt is already massive, and yet it is growing even faster than population growth. A child born in — is automatically burdened with a — share of debt. When that child turns 18, that amount will rise to —. At age 30, it will be —.