I will leave the Biden reelection announcement to the Twittersphere to discuss. Instead, focusing on one of the most important issues Biden never mentioned in his Tuesday announcement video: the economy, specifically the country’s staggering debt, a looming catastrophe waiting to happen. As the debate over the debt ceiling and fiscal discipline rages on, here are five key economic factors to keep in mind in the coming weeks.

But before I do that let me provide a bit of context to the scale of the numbers being discussed, as billions and trillions are huge numbers. The next million seconds will take 11.6 days. The next billion seconds is 31.7 years. The next trillion seconds is 317 centuries. So, in the context of talking about federal spending, in 2022, the U.S. government spent $6.2 trillion. With that, let’s jump into the data.