TV News LIES

Tuesday, Nov 13th

Last update05:20:13 AM GMT

You are here News Economy The national debt and the federal deficit are skyrocketing. How it affects you

The national debt and the federal deficit are skyrocketing. How it affects you

E-mail Print PDF
US debt and deficit are risingThe national debt is $21 trillion and counting.

The federal deficit soared last year to $779 billion and is projected to approach $1 trillion in 2019.

For most Americans, it’s difficult to comprehend a dollar figure that has that many digits. ($1 trillion, when written out in long form, is $1,000,000,000,000. Yes, that’s 12 zeroes.) The numbers are so huge that they almost seem surreal.

But the impact of the rising national debt and federal deficit is very real, even for average Americans, financial experts warn.

More...


Most Recent Related Stories...


List of Lowe's stores closing: 20 stores will shut doors in US next year

20 Lowe's stores Lowe's will close 51 underperforming stores in North America, the company announced Monday. The move – which includes...

Elon Musk and Tesla to pay $40m to settle SEC case over tweets

Elon Musk and Tesla to pay $40m to settle SEC case Elon Musk is to step down as chair of Tesla for three years and pay a...

US Economists Nordhaus, Romer Awarded 2018 Nobel Prize

US Economists awarded Nobel Prize The 2018 Nobel Prize for economics has been awarded to US economists William Nordhaus and Paul Romer...

China Tariff Retaliation Will Hit $60 Billion of U.S. Goods

Trade war with China China announced it will take retaliatory tariff action against $60 billion of U.S. goods, sharply escalating...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!