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News@lemmy.world · 5 days ago

US debt reaches $37 trillion years before expected

www.newsweek.com

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US debt reaches $37 trillion years before expected

www.newsweek.com

return2ozma@lemmy.world to

News@lemmy.world · 5 days ago

In January 2020, the CBO estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030.

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GiuseppeAndTheYeti@midwest.social
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4 days ago
Just for fun I did the math on this and if the total net worth of the US is about $120 trillion, you’d have to erase anyone with more than about $12 million in assets to pay off the national debt.
- CybranM@feddit.nu
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  Doesn’t sound so bad

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