The US National Debt has increased by $109,763,882,862 since our last update on June 5, 2012. Another month, and the United States has dropped another cool $109 billion in the hole.
National Debt as of 7/11/2012
That is an increase of $3.05 BILLION PER DAY since our last update 36 days ago.
One day, the credit card WILL run out, and America will face what many countries have faced in the past – massive budget cuts and slashed programs and a crushed economy.
In my own personal life, I found that it was a lot better to TAKE CONTROL OF THE SITUATION before SOMEONE ELSE DID! Shouldn’t we demand the same of elected leaders – that they take control NOW – before the country is forced to?