The U.S. debt now exceeds the country s GDP. Should we worry? | Infinity Wealth Management, Inc.
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The U.S. debt now exceeds the country s GDP. Should we worry? | Infinity Wealth Management, Inc.
U.S. debt held by the public recently rose above the country’s gross domestic product, marking a notable fiscal milestone. Debt held by the public stood at approximately $31.27 trillion at the end of April, slightly above the U.S. GDP of about $31.22 trillion over the prior 12-month period. This measure represents debt owed to parties outside ...
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