The actual debt of the U.S. federal government has now grown to $222 trillion.
The day of reckoning looms: The actual debt of the U.S. federal government has now grown to $222 trillion.
This is the actual difference between what the federal government will collect in the future and the actual amount of future fiscal liabilities the government is responsible for. It is not the mere $16 trillion or so of immediate debt.
The day of reckoning looms: The actual debt of the U.S. federal government has now grown to $222 trillion.
This is the actual difference between what the federal government will collect in the future and the actual amount of future fiscal liabilities the government is responsible for. It is not the mere $16 trillion or so of immediate debt.