$ 14.3 Trillion

 
 

US debt limit, Senate debate, $ 14.3 Trillion, China $ 800 billion, Japan, Oil exporting countries, Senator Richard Burr, NC senator, Terminate TARP amendment, Pay down national debt

From Senator Richard Burr of NC, January 25, 2010.   “Dear Friend, Last week, the Senate began debate on increasing our nation’s debt limit by $1.9 trillion.  This would permit our total debt to climb to $14.3 trillion – the highest in our nation’s history.  I will not support any measure to increase America’s debt.  It is outrageous to consider shackling future generations with the impossibility of ever paying off such a sum. American families must live within their budget, and the most reasonable way to stop adding to theRead More