GAO Explains the Debt
The Government Accountability Office, the investigative arm of Congress, posted a short educational video explaining the national debt today. In a short time period, it explains the difference between gross debt and debt held by the public, why debt is measured as a percent of GDP, and why the long-term debt situation is troubling.
The video is a good educational resource for the basics of federal debt.
What's Next
-
Image
-
Image
-
