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  • PBS NewsHour

PBS NewsHour | 'Red Ink': Understanding Why the U.S. Has So Much Debt | PBS

Duration: 09:05
Program: PBS NewsHour #10484
Broadcast Date: Oct. 25, 2012

With a federal budget of $3.6 trillion, a deficit of $1 trillion and a total debt of $16 trillion, it can be difficult to fully comprehend where all this money comes from and what the U.S. government spends it on. Paul Solman talks to The Wall Street Journal's David Wessel about his new book "Red Ink," a primer to the budget.

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Post Date: October 25, 2012