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True national debt exceeds $123 trillion, or nearly $800,000 per taxpayer: Report

Mark Tapscott  |  April 20, 2021

By Mark Tapscott, includes “When The Epoch Times asked TIA President Sheila Weinberg if it’s reasonable to depend upon future economic growth to solve the debt problem, she said no, and noted that the Treasury Department agrees. ‘The authors of the Financial Report of the U.S. Government have deemed that under current law and policy, a massive implied increase in the ratio of reported debt to GDP—e.g. future debt will be growing faster than GDP—is simply unsustainable,’ she said.”

Read the full article on: The Epoch Times

 
 
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