18 Facts on the US National Debt That Are Almost Too Hard to Believe

18 Facts on the US National Debt That Are Almost Too Hard to Believe By Mitchell Nemeth At around $22.5 trillion, the United States national debt sits at 106 percent of Gross Domestic Product (GDP). There is no disputing that this gigantic debt will someday become due and payable. However, there is hesitation among the political class as to what must be done to pay down and eliminate this debt. Continual Spending Increases Progressive lawmakers have largely refrained from discussing this liability, preferring to claim that the United States can…

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