Report: Every American taxpayer would owe almost $700,000 to pay down worsening national debt

Bethany Blankley  |  April 11, 2019

The federal government’s overall financial condition worsened by $4.5 trillion in 2018, according to an analysis from government financial watchdog Truth In Accounting (TIA). With assets of $3.84 trillion, the federal government’s unfunded liabilities and debt totals $108.94 trillion, leaving a debt burden of $105 trillion.

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