The U.S. Federal Debt is actually easy to understand - it's harder to fix. If you are struggling to understand how it all works, the Wall Street Journal recently produced a helpful and brief video explaining how the Federal Debt works - including the "debt ceiling" which will be a contentious political debate in the near future. I encourage you to watch the video, and as always, please do not hesitate to reach out to us with questions or concerns about why this matters to your financial plan.
wsj.com - video explaining the U.S. Federal Debt
