What a $1 Trillion Deficit Means to the US Economy

What a $1 Trillion Deficit Means to the US Economy
AP Photo/Charles Krupa, File

The public and many economists have grown accepting of large budget deficits, saying that debt doesn't matter due because of low interest rates. MI's economic expert, Brian Riedl, explains how a growing deficit, despite low interest rates, will seriously constrain our ability to fund valued...

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