Connect with us

Hi, what are you looking for?

National News

Truth in Accounting: U.S. national debt closer to $123 trillion, nearly $796,000 per household

The United States Capitol in Washington, D.C. Shutterstock photo

Bethany Blankley

The Center Square contrubutor

The U.S. national debt is closer to $123 trillion, more than four times what the Treasury Department is reporting, Chicago-based Truth in Accounting calculates in its new annual analysis of the nation’s finances.

The federal government has $5.95 trillion in assets and $129.06 trillion worth of bills resulting in a $123.11 trillion shortfall, or a debt burden of $796,000 per U.S. household.

Click the link below to read the rest of this story.

https://www.thecentersquare.com/national/truth-in-accounting-u-s-national-debt-closer-to-123-trillion-nearly-796-000-per/article_60e10fcc-a1f8-11eb-8dc7-ff790d87d9ee.html

Click here to get more news from the Bulldog

On the go, but don’t want to miss any Bulldog news? Go to the App Store and download apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...

Health

Deters Law has issued the following release regarding a lawsuit filed against major healthcare systems in the Greater Cincinnati Region. The lawsuit addresses the...

Donald Trump

Just Weeks After Spending $35 million For A 13,241sq Ft Mansion Nearby In Palm Beach By ARIEL ZILBER FOR DAILYMAIL.COM Sylvester Stallone recently paid...