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All of the federal government’s efforts to stem the tide in the financial meltdown that began with the subprime mortgage crisis have added hundreds of billions of dollars to the national debt. FRONTLINE reports on how this debt will constrain and challenge the new Obama administration.
All of the federal government's efforts to stem the tide in the
financial meltdown that began with the subprime mortgage crisis
have added hundreds of billions of dollars to the national debt.
FRONTLINE reports on how this debt will constrain and challenge the
new Obama administration, and on the growing chorus on both sides
of the aisle that without fiscal reform, the United States
government may face a debt crisis of its own, which makes the
current financial situation pale in comparison. Through interviews
with leading experts and insiders in government finance, the film
investigates the causes and potential outcomes of - and possible
solutions to - America's $10 trillion debt.