With millions of people filing their federal taxes this week, it’s a good time to check in on the nation’s finances.
Last year, the federal government ran a nearly $2.8 trillion deficit. That pushed publicly held debt to an incomprehensible $24 trillion, or more than $70,000 per person. Washington is projected to spend at least $1 trillion more than the government receives in taxes each year through the end of the decade.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
