It seems an important question since, as far as the record is concerned, it has increased every single year since 1957 — more than 50 years ago. read more
National debt doesn't work the same way as personal debt does, and some forms of debt can roll over for many - even hundreds - of years. Governments can plan on much longer time scales than individuals can. read more
The debt has increased $1 trillion per year since 2007. There are 3 ways to pay off the debt, but 3 reasons why that won't happen. The debt has increased $1 trillion per year since 2007. read more