June 18, 2013
Debt Borrowed in Credit Markets Is at 50 Year High
CHART 1
DEBT HELD BY THE PUBLIC AS A PERCENTAGE OF GDP
Source: Office of Management and Budget, Historical Tables, Budget of the U.S. Government, FY 2014, Table 7.1, April 2013, http://www.whitehouse.gov/omb/budget/Historicals (accessed May 8, 2013), and Congressional Budget Office, “Updated Budget Projections: Fiscal Years 2013 to 2023,” May 2013,