Breaking Down The Key Contributors to the U.S. Debt Crisis

Written by Barry Investment Advisors | Sep 8, 2022 12:55:31 PM

The United States' national debt has long been a source of major concern, though for decades those concerns have largely gone unaddressed. But it appears we may not be able to look the other way for much longer: in July, the Congressional Budget Office (CBO) released its long-term budget outlook, and according to their projections, federal debt is expected to rise to 185% of the United States’ GDP by 2052. So where is all this debt coming from? And what can we do about it? Watch this video from EPB Research America's economic sectors to find out the answer.