The Trouble with Rising U.S. Debt | Government Solutions
The federal debt held by the public in the second quarter of 2014 was $12.57 trillion. That equates to 72.6% of GDP, down slightly from the post-WWII peak of 74.0% that was recorded in the first quarter of this year. This slight reduction is the only good news that will be reported for the remainder of this article. Rapidly […]