By the Numbers: Federal debt expected to exceed size of US economy

By 2021, the U.S. national debt will grow larger than the entire U.S. economy for the first time since World War II, the Congressional Budget Office projects.

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32 thoughts on “By the Numbers: Federal debt expected to exceed size of US economy

  1. us navy,air force, army vet. There is no debt because the money says the federal reserve on it. It did say us government on it long time ago. Yellow blue red. How can you pay 7 cents on the dollar for every dollar that is made or borrowed from a private federal bank that’s not federal. Reset needs to be done on money gold and real estate. And so on.

  2. Just do something that will make you money whilst you sleep, no matter how little. This pandemic has been a perfect eye opener for us all to really see how life can be without your usual income stream. It's recommendable for you to have a side hustle. The best thing you can do for yourself is to find a way to make money even while sleeping especially now we have to work and earn from home, Having different streams of making money is the solution to survive. And I've been doing that by investing in the stocks, bitcoin and dividends. I've earned impressive profits I can't mention here working with Mr Young through his registered investment company. Kindly reach out to him via email linyoun56g@gmail or via
    Instagram @you_ngli .The rich see an economic crisis as the perfect time to invest, they're a step above others because they see an opportunity where others don’t

  3. When Carter , Clinton and Obama were President the Republican howled about the deficit like stuck pigs. Then when Reagan, Bush and Trump took over the deficits skyrocketed.

    I think I smell a rat

  4. US national up to USD27 trillion. Meanwhile Dow Jones up above 29k. Don't you see the correlation. US is propping the stock market by giving billions of money to corporations and they on term bought more stocks to increase the value of their company. Meanwhile increase in unemployment. This rich gets richer and the middle class and the poor becomes poorer. And Trump is bragging this achievement. So sad.. It

  5. She forgot to say that how we got here was because Trump gave 1.3 trillion dollar tax cut to the rich. Money that we didn't collect for three years, that would have came handy in the battle against the pandemic.

  6. No different than China the DC Democrats will let the Democratic slaves pay for it by raising there taxes all because there partners in crime in China put this virus out because there losing power what a shame.

  7. Impossible! In 2007 Obama said he would cut the debt in half…did…did my poor Barry fail?! Then why did he get the Nobel peace prize?

  8. So if the debt outgrows the US gdp then does that mean the US dollar would collapse and we'll default our debt??? 🤔🤔🤔

  9. Wait a minute – One of Trump's campaign promises in 2016 that he would eliminate the national debt. Maybe he should use the excuse that his negligence and incompetence in dealing with pandemic prevented him from keeping that promise.

  10. The stock market only measures how rich rich people are. The fact that it continues to increase isn't necessarily a good thing especially when average Americans are continuing to struggle and suffer. Decades of cutting taxes on the rich is what lead us here.

  11. It will not be the wealthy paying it back either, as they hoard money made on the stock market. This is not trickle-down economics. This is a tinkle-down economy where the people at the top financially pee on everyone else with their "golden showers".

  12. Dude… It's Trump. What did you Americans expect? He's known to bankrupt his companies, this is no different. 😂😂😂

  13. If the stock market is doing well in the face of those other figures, maybe, just maybe, it's not a great indicator of the economy. Just a thought.

  14. REMEMBER THIS, CALIFORNIA WAD THE 7TH LARGEST ECONOMY IN THE WORLD, NEW YORK HAD ONE OF THE BIGGEST ECONOMIES IN THE WORLD. THEY ARE BOTH IN RUIN AND ATE BOTH RUN BY DEMOCRATS, THAT EFFECTS THE UNITED STATES AS A WHOLE, ESPECIALLY WHEN WE TALJ ABOUT NATIONAL DEBT.

  15. Wtf? GDP is already lower then the national deficit and debt. Also it’s not the first time that the national debt has been higher then gdp. It’s been higher in the civil war, world war 1, and world war 2

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