$23 Trillion Is Just A Milestone -- Not To Worry -- We Owe Most Of It To Ourselves -- November 2, 2019

Flashback, from March 16, 2015:

From Yahoo!Finance:

The U.S. government has officially hit its debt ceiling. Beginning today, the Treasury Department is taking “extraordinary measures” to keep the government from defaulting on its debt which now exceeds $18 trillion.

A suggestion: starting exporting US oil. LOL.

Fast forward, November 2, 2019: US debt surpasses $23 trillion for the first time.

Of the $23 trillion figure, just under $17 trillion was in the category of debt held by the public, which is a more useful gauge of the debt the government has to pay down, and the number typically used in calculating the nation's debt burden. The other $6 trillion comes from loans within government bodies.

So, not to worry. The "$23 trillion" is simply a milestone, and one that arrived on/about Halloween, 2019.

Debt doesn't matter -- Nobel Laureate Paul Krugman.

Link here.

Link here.

July 22, 2019, two-year debt ceiling deal between the White House and Congress.