While Congress continues to gush money in Iraq and Afghanistan (and offers to pay for an over $200 million missile system for Israel), U.S. debt is now over $13,000,000,000,000. That is roughly $118,000 per taxpayer.
The White House and Congress show no serious commitment to addressing this problem as they pile on pork projects and spend wildly. We are looking at a disaster of global proportions. Yet, even as states are forced to sell off parks and public properties (here and here), the United States continues to act like a teenager on an unlimited credit card.
For the debt figures, click here