US NATIONAL DEBT

Submitted by ub on

United States' national debt is the amount owed by the federal government of the United States. The measure of the public debt is the value of the outstanding federal securities at a point of time that have been issued by the Treasury and other federal government agencies.

Neither one of the politicians who have announced their candidacy for the nation's top position has been willing to say how they will solve the national debt.

According to Congressional Budget Office projections, a $534 billion deficit for 2016 is $100 billion more than in 2015.

If current laws generally remained unchanged, the deficit would increase from 2.9 percent to 4.9 percent of GDP over the next decade.

https://www.cbo.gov/publication/51384

Trump Backtracks on Proposal to Renegotiate U.S. Debt http://bloom.bg/1Wj1RP1 via @bpolitics

The one big problem none of the candidates are talking about https://www.yahoo.com/finance/news/national-debt-trump-clinton-17155805…

How Trump Would Deal with the National Debt http://natl.re/d526UJ via @NRO

Meanwhile, the clock keeps ticking. http://www.usdebtclock.org/