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Debt Borrowed in Credit Markets Is at 50 Year High

Created on 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, http://www.cbo.gov/publication/44172 (accessed May 15, 2013).

B 2814

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