Sep 25, 2018 ... Annual interest payments on the national debt are expected to triple ... The deficit  is soaring now as the economy booms, meaning the stimulus is pro-cyclical. ... “ By 2020, we will spend more on interest than we do on kids, ...
The U.S. national debt is more than $21 trillion. It exceeded that amount on  March 15, 2018. It's greater than the economic output of the entire country. It  occurred ...
Apr 24, 2015 ... What impact does the national debt have on our economy? ... Is the federal  government mortgaging the future earnings of an entire generation? ... This is  much more than the average annual wage increase during the same ...
Oct 20, 2018 ... This year, after the Trump tax cuts take full effect, another $1 trillion worth of ... “ The deficit is absolutely higher than anyone would like,” says Kevin Hassett, ...  and the economy growing at annual rate of at least 3 percent, we ...
Mar 15, 2018 ... In Trump's first three full quarters in the White House, GDP clocked growth just  shy of ... Our economy is now booming and with all I am doing, will only get better … ... This winter, with debt more than twice as high, marvels Cote, .... item in the  federal budget, more than tripling to almost $1.1 trillion annually.
The national debt is "larger than our entire annual economy."