Your Share of the Federal Debt Is Likely Bigger Than You Think (Audio: Podcast)

We commonly hear numbers like “each American’s share of the national debt is $85,300,” but because many people have little or no federal income tax liability, the reality is that tax-paying households have a much higher share of the national debt hanging over their heads. Analysis by IPI Resident Scholar Dr. Merrill Matthews, with witty contributions by IPI President Tom Giovanetti.