How Much Do We Really Owe?

August 7, 2014

News Article

By John C. Goodman

August 7, 2014

Also published in Forbes Thu. August 7, 2014.

First the good news: the official federal deficit is only 3% of GDP—way below the 10% figure it reached only a few years ago. Now the bad news: The real deficit is more than ten times that amount.

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Also published in Forbes Thu. August 7, 2014.

John Goodman
is a Senior Fellow at the Independent Institute, author of Priceless: Curing the Healthcare Crisis and President of the Goodman Institute for Public Policy Research.

Economic Policy Economy Federal Budget Policy Fiscal Policy/Debt Taxes and Budget

How Much Do We Really Owe?

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How Much Do We Really Owe?

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