Our nation, these United States of America, is close to $32 trillion in debt. Our debt to GDP ratio is creeping close to 130 percent, meaning that our debt is outpacing our economic production, gross domestic product. The net interest on the debt is hitting $1 trillion, far more than what we appropriate to our national security and defense. Every American taxpayer would have to write a check for over $200,000 to eradicate the debt. Every American citizen is on the hook for $90, 000.
Allen West, Executive Director, American Constitutional Rights Union