Last week, the federal debt reached $26.3 trillion, and it is going nowhere but up. In fact, it grew by $1 trillion in just the previous 40 days.
Click image to download a four-page PDF of this policy brief.
Not to worry, say some people. After all, federal assets are worth somewhere around $200 trillion. President Trump once suggested that it might be possible to pay off the federal debt by privatizing federal assets. This paper will take a realistic look at whether this is true. Continue reading