Federal Deficit to Hit $1 Trillion

The national debt is $21 trillion and counting. The federal deficit soared last year to $779 billion and is projected to approach $1 trillion in 2019.

For most Americans, it’s difficult to comprehend a dollar figure that has that many digits. ($1 trillion, when written out in long form, is $1,000,000,000,000. Yes, that’s 12 zeroes.) The numbers are so huge that they almost seem surreal.

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