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  • Chart of the Week: Each American's Share of National Debt is Growing

    Throughout the debate over the debt limit these past few weeks, Americans have become increasingly alarmed with our nation’s staggering $14.3 trillion debt. Many might wonder how the government is ever going to repay its mounting debt.

    Unfortunately, that responsibility will fall to the Debt-Paying Generation (ages 5-30). Currently, every citizen owns $31,871 of the national debt, but each American’s share of national debt is growing. If current spending patterns continue, by the time 5-year-olds are 45, they will each be responsible for $279,738 of the debt.

    Bill Beach, director of Heritage’s Center for Data Analysis, warns that the 115 million Americans in the Debt-Paying Generation could end their lives as the least improved generation. Without a doubt, the mounting debt will reshape the lives of future generations.

    Posted in Scribe [slideshow_deploy]

    2 Responses to Chart of the Week: Each American's Share of National Debt is Growing

    1. Pingback: El gráfico de la semana: La cuota de deuda nacional para cada americano está creciendo | Heritage Libertad

    2. Brian Cordes says:

      here are actual numbers and they are being provided from the ones actually spend the money so God knows what the actual numbers really are

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