In the few past years, our country has faced crazy price mark-ups, and abnormal shifts on how our economy operates.
The economic relief and the surplus of spending to keep families afloat led to the United States government to dig in more to our debt. During the period from 2019 to now, our debt has increased around four trillion dollars. According to the United States Treasury “As of October 2023 it costs $89 billion to maintain the debt, which is 19% of the total federal spending” (U.S Treasury). Almost twenty percent of our spending goes to paying our debt, which has caused it to become one of the main issues in recent presidential debates, due to former presidents failing to decrease our debt.