National Debt is $122 Trillion, Not $23 Trillion, Says Non-Profit Group - thenewamerican.com
Excerpt from this article:
"When Epoch Times' Mark Tapscott checked the U.S. Treasury's 'Debt to the Penny' website on Monday, he reported that the U.S. national debt just ticked over to $23.3 trillio. That's four times what it was 20 years ago...the Treasury misses the real national debt by $100 trillion, explaining that 'the U.S. Treasury does not include the unfunded obligations for Social Security and Medicare.'"
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Here are some quotes on our national debt:
More recommended reading:
Excerpt from this article:
"When Epoch Times' Mark Tapscott checked the U.S. Treasury's 'Debt to the Penny' website on Monday, he reported that the U.S. national debt just ticked over to $23.3 trillio. That's four times what it was 20 years ago...the Treasury misses the real national debt by $100 trillion, explaining that 'the U.S. Treasury does not include the unfunded obligations for Social Security and Medicare.'"
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Here are some quotes on our national debt:
"You know...if I had to borrow 40% of the money I need to pay my bills every month, I'd be fairly alarmed. When you come up a few bucks short at the end of the month for necessary bills, you can cut back: get rid of the cell phone, stop eating out, whatever. But when your monthly nut is routinely running to almost twice what you can pay, you're kind of out of options. It's probably time to re-examine your resistance to sleeping outdoors and pooping outdoors, and...well, doing everything else outdoors, because outdoors is where you're going to be living before long." (Source)
Constitutional scholar Mark Levin says:
"You should view these politicians with the deepest contempt you can possibly imagine. What they are doing to this country, what they are doing to our finances - there is not a criminal in any federal prison, state prison, city or county jail with respect to financial crimes of any sort who collectively could have done the kind of damage that Barack Obama and Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans have done to this country! To your future, to your children and your grandchildren. What they are doing is with malice and with forethought." (Source)
Recommended reading:
The National Debt Explained, by Richard D Wolff
Recommended video:
National Debt: Who Cares? - PragarU video
