Economists point to rising debt as next crisis

Courtesy MSNBC.com: Business  Sat, 07/04/2009 - 12:31

The soaring national debt is recorded on the National Debt Clock in New York.<br /><br />The national debt was $11,518,472,742,288 on Wednesday, acording to the Treasury Department.The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all.

It's the national debt, which is a staggering $11.4 trillion — about $37,000 for every American.



 

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