$15.218 trillion
Each American owns over $48,000 of that debt (313 million legal citizens).
Our budget hasn't been truly balanced since 1957 when Eisenhower was president (people say Clinton had a surplus in 2000 [$230 billion] but he actually offset budget costs by borrowing from multiple non-budget items such as Social Security [$152.3 billion]).
Basically, we (and everyone born since 1957) have been paying for poor fiscal decisions made over the past 50 years. Some of the people who made those decisions are long deceased. Some are living in multi-million dollar homes while we are scraping by. The rest are still making those decisions in government now.
Politicians need to start making decisions based not on what their party has demanded and start making them based on what an actual American would believe.
They routinely make decisions based on what a person who will live off of a pension from the seemingly endless funds of the U.S. Treasury department would think and not based on what a person who has worked hard his whole life and does not have a sure source of income after he retires.
They think "I won't get reelected by my masters (party handlers) if I think and vote this way" instead of "this will be the best decision for the people who elected me in the first place".
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