Good citizenship requires an understanding of the impacts of the federal debt across America’s federal system. The $36.2 trillion federal debt, which is the total amount of money the federal government has borrowed over recent decades to pay its expenses, plays a critical role in how Americans govern themselves. The manner in which the debt is issued and managed also has important implications for state and local governments, such as their ability to undertake infrastructure projects. This digest explores the interconnectedness of federal debt and state and local governments and how teachers may approach these issues with students. READ MORE . . .
