Each American's Share of Publicly Held Debt Is Skyrocketing

As Washington continues to spend dramatically more than it can afford, every American will be on the hook for increasing levels of debt. Without reining in spending, the amount of debt per citizen will skyrocket.

INFLATION-ADJUSTED DOLLARS (2012)

Each American's Share of Publicly Held Debt Is Skyrocketing

Sources: U.S. Census Bureau and Congressional Budget Office (Alternative Fiscal Scenario).

Publicly Held Debt Set to Skyrocket
Each American's Share of Publicly Held Debt Is Skyrocketing
Obama's Budget Fails to Solve the Debt Crisis Despite $2 Trillion in Tax Hikes
Obama's Budget Continues Unprecedented Deficits
Federal Budget Deficits Will Reach Levels Never Seen in the U.S.
Rising Deficits Drive U.S. Debt Limit Higher, Faster
Interest On the Debt Will Nearly Double Over the Next Decade
Interest on the Debt Exceeds Spending for Many Programs
U.S. Debt on Track to Fuel Economic Crisis
Debt to Grow Unless Government Spending Is Reduced

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BACKGROUNDER ON APRIL 21, 2011 Don't Raise the Debt Limit Without Getting Spending Under Control

ISSUE BRIEF ON MARCH 21, 2012 The Ryan Budget: Confronting the Nation's Spending Crisis

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Each American's Share of Publicly Held Debt Is Skyrocketing

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