Rand Issues Commentary: U.S. Got Out From Crippling Levels of Federal Debt Before, and It Can Do It Again
November 05, 2025
November 05, 2025
SANTA MONICA, California, Nov. 5 -- Rand issued the following commentary on Nov. 3, 2025:
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The U.S. Got Out from Crippling Levels of Federal Debt Before, and It Can Do It Again
By Vegard M. Nygaard, Carter C. Price and Akshaya Suresh
The total federal debt of the United States passed a new milestone on October 21, 2025, reaching $38 trillion for the first time, with $30.4 trillion in federal debt held by the public, which is equivalent to . . .
* * *
The U.S. Got Out from Crippling Levels of Federal Debt Before, and It Can Do It Again
By Vegard M. Nygaard, Carter C. Price and Akshaya Suresh
The total federal debt of the United States passed a new milestone on October 21, 2025, reaching $38 trillion for the first time, with $30.4 trillion in federal debt held by the public, which is equivalent to . . .