The U.S. national debt crossed a record $40 trillion this week—a figure economists and lawmakers expect will continue to surge.
Data from the U.S. Congress Joint Economic Committee reveals that the debt grew at an astonishing rate of $90,000 per second over the past year.
To break down what this means, 7News spoke with Don Boudreaux of George Mason University’s Department of Economics.
Click here to read the rest of the article written by Kendra Mann over at WJLA ABC 7 News
