Commentary

A Realistic Look at U.S. Debt Projections

How does the U.S. debt look if you assume a) a more realistic rate of growth in the economy, and b) that Congress won’t cut spending as much as they promised during the election season. As Veronique de Rugy’s analysis shows in the graph below, you get more debt than OMB is saying. Surprise, surprise.

Projected Debt vs Potential Debt

Adrian Moore

Adrian Moore, Ph.D., is vice president of policy at Reason Foundation, a non-profit think tank advancing free minds and free markets.