Why does the government have to increase the national debt every year?
Monday, March 30th, 2009
bob asked:
China practically owns us. Both presidential candidates tax plans increase our national debt by over $200 billion, with Obama’s costing a little bit more. Why do they have to keep borrowing more money instead of shrinking the debt?? It’s gonna come back and bite the country big time before too long.
Sally
China practically owns us. Both presidential candidates tax plans increase our national debt by over $200 billion, with Obama’s costing a little bit more. Why do they have to keep borrowing more money instead of shrinking the debt?? It’s gonna come back and bite the country big time before too long.
Sally