Just another of those phony scandals the Republicans are pushing to cause gridlock. That must be what President Obama is thinking, since he is intent on doing, and planning on doing, nothing but increasing it.
- The national debt is at its highest since the end of the second world war
- The figure equates to every man, woman and child owing $55,091 each
- Of the $5.1 trillion owned by foreign governments – nearly half is owned by China and Japan
- The national debt has increased more than $6 trillion since President Obama took office – the largest increase under any president
The country’s national debt is now so high, over $16.7 trillion, that if the figure was converted into $5 bills it would stretch almost to the moon.
