What is the total budgeted federal debt of the United States government?
Question by Autumn: What is the total budgeted federal debt of the United States government?
I need to know what the total budgeted federal debt it. I have found the actual federal debt, but not the budgeted federal debt. Need help ASAP! Thanks!
Best answer:
Answer by Martian King
Debt is not budgeted. Debt service is budgeted. For example, anticipated interest payments, amortization of bond principle, fees, etc. Good question! Should be included in the budget list.
Think tax rates will need to rise? I think so!
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inconceivable amounts that will have your children’s children still paying on it, three to four generations of people paying for this after the baby boomers are gone.