National Debt Expected To Surpass $78 Trillion By 2028

0
>>Follow Matzav On Whatsapp!<<

The coronavirus pandemic pushed the government into the proverbial corner, prompting it to borrow heavily from the future to ward off a serious threat today.

Without this intervention, the U.S. economy would be in a much worse recession or possibly even a depression. Even though borrowing excessively may have been the lesser of two evils, the burgeoning debt will have ramifications in the future.

With the debt approaching $27 trillion, and projected to rise to $78 trillion by 2028, it will present significant challenges.

Read more at Forbes.

{Matzav.com}

LEAVE A REPLY

Please enter your comment!
Please enter your name here