Highlight: The 'How's and 'Why's of the National Debt

Published: Oct. 17, 2022, 3:03 a.m.

Earlier this month, the national debt reached $31 trillion for the first time. \xa0What factors contributed the amount ballooning as much as it has (especially in recent years)? \xa0Marc Goldwein, Senior VP & Senior Policy Director at the Committee for a Responsible Federal Budget, offers an explanation, as well as some of the ways he would try to chip at it.