(DAILY SIGNAL) The next president will face a nation debt of $20 trillion, nearly double what it was when President Barack Obama took office.
The national debt likely will reach the staggering $20 trillion figure in 2017, according to the Bipartisan Policy Center, a Washington think tank.
On March 16, the new president and Congress will have to reach an agreement on the debt limit—which will likely be $20.1 trillion, according to the center’s projection. That will last until mid-summer, before another negotiation will ensue on borrowing more to pay the government’s bills.
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