Federal debt equals $287,859 per income-paying household

  • Federal debt equals $287,859 per income-paying household
    Federal debt equals $287,859 per income-paying household
As Congress worked in recent days to increase the legal limit on the federal debt, the Treasury kept that debt artificially frozen at approximately $28.9 trillion, where it stood at the beginning of last week. With that limit lifted, the federal debt will take a jump upward, then keep steadily climbing, constantly increasing the burden on future taxpayers. In 2018, according to the last…

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