National debt projected to hit $26 trillion in next 10 years

As Twitchy reported earlier today, the Congressional Budget Office now estimates that 7 million Americans will lose their employer-based health insurance by 2022, thanks to Obamacare. That’s not the biggest number in the report by a long shot. Those digging a little deeper into the report are finding that, given its current trajectory, the national debt is on track to hit $26 trillion over the next decade.

To be revised upward?

Wait a second. Does this estimate take into account the rich now paying their fair share?

  • Bob Smooper

    Nothing to worry about. 26 trillion is nothing for the richest country in the world. Your GDP will be at least 25% higher in ten years.

    • Michael Morris

      I can’t tell whether you’re being sarcastic.

      • ForTheRepublic

        Nah, this is kind of a hard story to troll on and still be funny. A for effort, though.

  • CatHerder

    With the hyperinflated currency that will amount to less than the cost of printing it.

  • Tangchung

    Remember kids, CBO numbers you need to take and multiply x10.

  • Peyton

    I’m 22. I say we declare bankruptcy so I don’t have a 75% tax rate in a few years.

  • V the K

    How exactly do you sustain an exploding pblic sector on a stagnant or shrinking private sector?

  • walterc

    Look on the bright side, Congress says cut $2.5 Trillion during that time, so we’re making progress. Otherwise we’d be projecting 28.

    Right now the feds are printing money to buy most of the debt since no one else wants it, so it’ll collapse long before 2023.

    We are sooooo screwed.