US election 2024: US national debt heading for historic highs - whoever wins election

America’s national debt is expected to reach a record high by the middle of the next decade.

The state of the public finances is a major concern for voters, ahead of the presidential election next month.

Sky's Ed Conway explains.

#skynews #usa #uselection

[mindmax]

I find it funny that the US government spends so much on Medicare, and yet normal US citizens are still forking out huge sums on healthcare bills for basic stuff.

[roberthamill]

This guys doesn't understand Economics .. Lower Tax Rates will bring in MORE Money like it did under Reagan as it increases Economic Activity

[AJ-etzp]

The UK numbers are a load of rubbish though. As if a labour government will reduce debt to GDP.

[thetruth]

UK debt is unacceptable, look at Denmark for inspiration

[TomNook.]

0:16 What happened in 2006? Worse jump then during COVID and all the corrupt contracts given out!

[everready]

The U.S. are going to lose their world reserve currency status. Insane inflation is coming to them. Them have overspent for too many years. In fact their last budget surplus was the year 2000.

[fastwheels]

Cant be sustained. Can anybody have the same debt to income ratio?

[iplaygames]

How could the overall prediction be lower than the two options for president :( I am tired of this world. It's too much. Everyone is absolutely regarded. Goodbye everyone.

[martinpalm]

lower taxes and = more jobs . more taxes payer = more taxes. what a biased far left reporter.

[victortagayun-github-io]

today 2024, the Debt to GDP ratio already is 120% and yet in your graph, it is still 100%, your channel is misleading the public!!

[PrutPølli]

We all know us is just printing papir like, nothing going on here

[PawsThought]

Zelensky is laughing all the way to the bank from it

[neiljohnson]

I say there Gov’na…that’s an awful sunny projection for the UK innit? Your projected gap depends on your projected reduction…to which I say bollocks. 😅

[RenovationMan]

Who How can a campaign go on this long!!!!