Dollars and no sense = indebted mess


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  • | 8:49 p.m. December 9, 2011
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In March 2008, the U.S. national debt was $9.4 trillion. In the 925 days since then, our national debt has risen to almost $15 trillion. That means our government has spent almost $6 billion a day more than taxes available, although we are now spending $7 billion a day more than revenues available. During this brief period, every family of four in America has incurred additional federal government debt obligations of $70,000.

 

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