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Concord Coalition Explainer: Sorting Out the Debt Numbers

I. What’s the Debt? How big is the U.S. national debt? Some reports say that it’s $36 trillion and others say it’s $29 trillion. The two numbers may cause some confusion but both are correct. They simply measure two different…


Background Every year the Congressional Budget Office (CBO) issues a long-term budget outlook covering the next 30 years. The last such report was released on March 4, 2021 and covered the 30 years ending in 2051. These reports are not…

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