The national debt has been steadily increasing for many years now. Currently the Total Public Debt Outstanding stands at over $20.0 Trillion. Out of this giant mountain, the Debt Held by the Public is over $15.0 Trillion.

The US national debt has risen significantly since the 1980s. The chart below shows the history of US debt:

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Source: Oppenheimer Funds

In a video which can be found here, Brian Levitt of Oppenheimer discusses some of the myths of the national debt.

Readers can also click on the below pdf document to review the content.

Download: The Truth About Debt