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Paying America's Bills

Wells Fargo Investment Institute - August 2018


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.

Download the report (PDF)