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The Conversation USA

The US owes $23.5 trillion – but can still afford a big coronavirus stimulus package

  • Written by William D. Lastrapes, Professor of Economics, University of Georgia
America's credit card has no spending limit. photo168/Shutterstock.comCC BY-ND

The U.S. government now owes over US$23.5 trillion in debt, or about $71,000 for every man, women and child living within its borders. It has risen $3 trillion since President Trump took office in 2017 and is almost double what it was just 10 years ago.

U.S. government...

Read more: The US owes $23.5 trillion – but can still afford a big coronavirus stimulus package

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