U.S. Debt exceeds $14,000,000,000,000 (All-Time High)

Today's debt level represents a $45,300 tab for each and everyone in the country. 

Treasury Secretary Timothy Geithner says failure to increase borrowing authority would be "a catastrophe," perhaps rivaling the financial meltdown of 2008-2009. 

Remarkably, nearly half of today's national debt was run up in just the past six years. It soared from $7.6 trillion in January 2005 as President George W. Bush began his second term to $10.6 trillion the day Obama was inaugurated and to $14.02 trillion now. The period has seen two major wars and the deepest economic downturn since the 1930s.

With a $1.7 trillion deficit in budget year 2010 alone, and the government on track to spend $1.3 trillion more this year than it takes in, annual budget deficits are adding roughly $4 billion a day to the national debt. Put another way, the government is borrowing 41 cents for every dollar it spends.

Here's a little debt clock u can check out.

Yeah, so pay it back already.

" Yeah, so pay it back already. "

Two ways to fix this. Corporate sponsors, or go to the U.N., look everyone in the eye, and tell them if they want the money, come get some. Add bitches. Really, the delegates call. 

lol, spending so much on the military ?

Thats a lot of arcade coins. 

" Two ways to fix this. Corporate sponsors, or go to the U.N., look everyone in the eye, and tell them if they want the money, come get some. Add bitches. Really, the delegates call.  "

Until the US loses a large war, it doesn't matter how big their debt is; they wont need to pay it. 
 
That said, who the **** complains about it? All the people that ***** at the US if they don't give International Aid and alike. Of course you're going to need large military expenditure if you're involved in every countries affairs because if you don't involve yourself, some hippy douche bag organisation condemns you as being unhumanitarian.

" @Aiden Cross said:

" Yeah, so pay it back already. "

Pffft, that's not the American way :P "

14- (counting zeroes) TRILLION?

"   "

So, what'd we get for that much?

Britain's debt is just over 900 Billion.

oh well life goes on

" @InnerVenom123 said:

"   "

I would lol now but I can't so HA HA HA. "

Well to be honest I thought it was 17 trillion+ nearly reaching 18 trillion so I guess this is somewhat good news lol

My country's debt is 2 million...While that seems cool, it just shows that we can't pay back even that little.

I wonder...what the HELL does the government buy that would put the country in that much debt? It's obviously not spent on anything that the country actually needs (i.e. healthcare, education, better infrastructure, new jobs, medical research, etc.). You would think that a country that is trillions of dollars in debt would at least have something to show for it. 

That's a lot of zeroes. 

GOOD

I did see an interview with an economist that said if America isn't going to seriously cut down on the defense budget the world will go in an even deeper recession in a couple of years.. >_>

" GOOD "

" I wonder...what the HELL does the government buy that would put the country in that much debt? It's obviously not spent on anything that the country actually needs (i.e. healthcare, education, better infrastructure, new jobs, medical research, etc.). You would think that a country that is trillions of dollars in debt would at least have something to show for it.  "

" @InnerVenom123: reading the recession comment..........this really isn't a good thing, well i don't live in the U.S so i wouldn't really care anyways :D "

" I did see an interview with an economist that said if America isn't going to seriously cut down on the defense budget

the world

will go in an even deeper recession in a couple of years.. >_> "

" @AgeofHurricane said:

" @InnerVenom123: reading the recession comment..........this really isn't a good thing, well i don't live in the U.S so i wouldn't really care anyways :D "

One sec.
 
@Aiden Cross said:

" I did see an interview with an economist that said if America isn't going to seriously cut down on the defense budget

the world

will go in an even deeper recession in a couple of years.. >_> "

Okay AgeOfHurricane, notice the keywords yet? "

"

"

"Why thank you Obama! "

Sorry my fault. I need to take long showers so I can clean every inch of my body. |:

I hate it when people try and put the blame on The President for our debt, if it weren't him we'd be in even more debt. We've been in debt for years and we probably always will be.

"I hate it when people try and put the blame on The President for our debt -I agree.  In actuality it is all us Americans who continue to allow our elected reps to not represent us.  However, those making the decisions to spend, spend, spend are not free from responsiblity simply because no one is holding them that way.
 
 if it weren't him we'd be in even more debt.  -not true
 
We've been in debt for years and we probably always will be. "- true

" Sorry my fault. I need to take long showers so I can clean every inch of my body. |: "

Man, guns are expensive.

runs away.

I found it funny that they are in this much debt, and they still haven't put a lot of money into their educational system. I wonder if they had done, say 20 years ago that them people now would be earning more money and putting more money back into the country.
 
I think comic fans should rule the world. We clearly discuss things and when we get angry we just post a picture of something funny to make them feel better.
 

"Don't worry, everyone.  I'll pay off this debt all on my own.  You can thank me later.  "

they need to let Clinton back in office