© 2024 Milwaukee Public Media is a service of UW-Milwaukee's College of Letters & Science
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Calculating the Cost of the National Debt

Most Americans have a vague notion of our national debt, but how many of us really understand the repercussions of a $9 trillion debt?

In their new book, Where Does the Money Go?, authors Scott Bittle and Jean Johnson calculate the cost of debt and examine the way a looming federal budget crisis threatens to affect personal savings, retirement and mortgages.

Biddle and Johnson are co-editors of the Public Agenda Online, a public affairs website.

Copyright 2023 Fresh Air. To see more, visit Fresh Air.