The 2018 federal budget projected a $804 billion deficit. That’s on top of the $21 trillion total debt the government already owes. Given that investors around the world recognize U.S. Treasury securities as “risk free” investments, America’s ability (or possible inability) to repay its debtors has potential implications for every investor.
Because the United States’ ability to pay its bills over the long term is vitally important, Wells Fargo Investment Institute offers a report to help clarify the issues and address investor concerns.
Wells Fargo Investment Institute, Inc., is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company.
Paying America’s Bills
How the U.S. government manages its finances may affect your investments.