What If The U.S. Paid Off Its Debt?
1,985What If The U.S. Paid Off Its Debt?
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The US debt is the total sum of all outstanding debt owed by the federal government. As of February 11th 2019, the US National debt was 22 trillion dollars trillion dollars. 2/3's of that debt is held by the public. The rest is intragovernmental debt. 22 trillion dollars lot of money, and it keeps getting higher. One has to wonder if there’s any chance that the US will ever pay off its debt. But what if, somehow, the US managed to pay it off?
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