Question

As you know the public debt in the United States is huge, and you might wonder if the large public debt may bankrupt the United States or at least place a tremendous burden on your children and grandchildren. However, the large U.S. public debt doesn’t threaten to bankrupt the federal government, leaving it unable to meet its financial obligations

Please(1) search “U.S. public debt” as major keywords, and write down the size of the public debt that federal government carries by the time you work on this assignment, including the web link you used.

(2) list at least two main reasons with your explanations to prove it’s a false concern that the huge debt will bankrupt the U.S. or leave a huge burden to the next generations.

Answer 1

I have first answered the second part and then the first part