- The North Missourian - http://gallatinnorthmissourian.com -

Who owns our debt?

by Congressman Sam Graves

When the United States does not take in enough money to pay for our debts we have to borrow money. Right now our government is $14,290,000,000,000 in debt. It’s a staggering amount that has sky-rocketed. In 2000, our debt was $6 trillion and in 2008 it was under $10 trillion.

Just like money that you and I might borrow from the bank, there is an interest

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