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Tag: national debt

WASHINGTON, DC - SEPTEMBER 12: President of the committee for a Responsible Federal Budget Maya MacGuineas (L), co-chair of the National Commission on Fiscal Responsibility and Reform, and former Sen. Alan Simpson (R-WY) (R) speak to the media during a news conference at the National Press Club September 12, 2011 in Washington, DC. MacGuineas and Simpson call on the Joint Select Committee on Deficit Reduction, also known as the Super Committee, to"go big and develop a large-scale debt reduction package sufficient to stabilize the debt as a share of the economy" as the committee work to reach a deficit reduction agreement. (Photo by Alex Wong/Getty Images)

US National Debt Reaches A Monumental $35T Dollars

The United States national debt has now reached an outrageous $35 trillion dollars, according to the House Budget Committee.

Read More US National Debt Reaches A Monumental $35T Dollars
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still suffering large losses as the global banking crisis continued. (Photo by Peter Macdiarmid/Getty Images)

Les Rubin: We are headed off the financial cliff.

One economist says if the government doesn’t rein in spending now, we won’t be able to pay down the national debt. Here’s One America’s Nathaniel Mannor.  

Read More Les Rubin: We are headed off the financial cliff.

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