What you should know about the national debt - Pew Research Center
The national debt level of the United States is a measurement of how much the federal government owes its creditors—in particular – it is the sum of federal government debt held by the public and intragovernmental debt. Congress puts a limit on the debt, which is known as the debt ceiling. The United States is one of only two countries with a law setting a specific monetary limit on its national debt. The Federal government has hit the current debt limit of $31.38 trillion. So, what does this mean to all Americans? Drew DeSilver outlines five facts about the United States national debt that you should know. Read Mr. DeSiliver’s article here…
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