Summary The United States relies on taxes and debt for much of its spending — but what would spending cuts look like? Just last year, the U.S. took on over a trillion dollars in debt. WSJ explains how much the Treasury relies on debt, where it goes and what happens when the Treasury hits the […]

source: https://thefinance.sg/2023/03/16/post-623-how-the-u-s-spent-1-4-trillion-in-debt-last-year-wsj/