Tuesday, January 4, 2011

National Debt keeps climbing now at $14,000,000,000,000.00

National Debt keeps climbing

It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. It also means the debt is fast approaching the statutory ceiling $14.294 trillion set by Congress and signed into law by President Obama last February.

So we need to decide to either cut spending or keep going with the status quo which will lead to larger debt for our families.

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