Debt Paper
The research is about the national debt in the U.S. National Debt, what is the national debt? It is
widely identified as government or public debt referred as direct liabilities of the United States
Government. . Debt held by government accounts represents the cumulative surpluses, including
interest earnings, of these accounts that have been invested in Treasury securities. The ratio of
debt to GDP may decrease as a result of a government surplus or due to growth of GDP and
inflation.
The debt levels are at historic highs, the U.S. debt is the sum of all outstanding debt owed
by the Federal Government. Government debt has steadily increased from $2 trillion in the
mid-1980s to over $19 trillion today. But as a percent of GDP it has grown from 55 % to
over 100 % of GDP today.
Quantifying the National Debt:
