US Government Debt Hits Record $16 Trillion
September 04, 2012
Articles come from MONEYNEWS
Summary
:The Treasury Department claimed one serious problem that national debt has approached $ 16 trillion. It showed that the debt of America tends to rise as time goes by. Therefore, Americans realized that they have to figure out something in order to better solutions for decreasing amounts of debt. And GOP vice presidential nominee Rep. Paul Ryan mentioned that Obama administration is threatening many jobs because this debt and his government always spend a lot of money for helping poor and disabled people. In this coming election, both candidates emphasizes that they will decrease the rate of debt.
Opinion
:I think that U.S. government's serious problem is debt. Even though America has lack of budget, it tends to spend money more and more. That's why the government are having hardships because of amounts of debt. I know that it is too late for the U.S. government to change those wrong policies. However, I think that next new president and his administration will alert these things into positively and successfully.
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