Whether they favor debt-limit brinkmanship or not, most Americans are alarmed by the level of U.S. government borrowing.Treasury Secretary Janet Yellen isn't one of them.Outstanding debt held by the public stood at $23.9 trillion as of the end of 2022.That's 97% of gross domestic product, using the measure most popular among economistsroughly triple what it was 20 years earlier, and forecast to keep climbing.
#back #united-states #biden-administration #federal-government #sustainability #interest-rates #president-barack-obama #credit-card #contributor #affordability
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