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Is government debt bad? | Politics Explained (Easily) | ABC News

The Government racked up more than $300 billion in debt during COVID … so who’s going to pay for that? And how bad is it? ABC Business reporter David Chau breaks it down for us in the next video of Politics Explained (Easily). ✏️ Reporter: David Chau 🖥️ Producers: Edwina Storie, Tejas Bhat 🎨 Graphics: Luke Tribe #Election #Politics #PoliticsExplained #ABCNews #Debt #Budget Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia