5 ms·
Was about to say the same thing. If you wanted to make this comment a better but not perfect comparison is the US federal budget which was $6.2 trillion in 2023
by bhag2066 3y ago
Was about to say the same thing. If you wanted to make this comment a better but not perfect comparison is the US federal budget which was $6.2 trillion in 2023. Debt is $34 trillion making the ratio 550%.
Of course the US government can't spend their entire budget on debt servicing and repayment, just like a household.