Budget Basics: Spending Primer
The U.S. spent $187 billion on interest payments alone in 2009.
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The U.S. spent $187 billion on interest payments alone in 2009.
The United States is on pace to lead the world in debt increase as a percentage of GDP.
https://www.pgpf.org/chart-archive/0310_us_lead_world_debt_increase
Foreign investors own one-third of all U.S. public debt.
https://www.pgpf.org/chart-archive/0311_us_domestic_foreign_debt
Americans draw clear connections between our nation’s fiscal health and economic strength.
https://www.pgpf.org/infographic/infographic-fiscal-health-leads-to-economic-strength
Debt rises and falls with wars and changes in the economy. Debt is currently at its highest level since 1946.
Debt levels have risen in many sectors of the economy.
The U.S. national saving rate has declined significantly since the mid-1960s.