National debt news, articles and information:

How the federal debt went from $1 trillion to $18 trillion in 33 years

12/9/2014 - (By David Stockman, from DavidStockmansContraCorner.com) In the great fiscal scheme of things, October 22, 1981 seems like only yesterday. That's the day the US public debt crossed the $1 trillion mark for the first time. It had taken the nation 74,984 days to get there (205 years). What prompts this...

Head of GAO warns America is headed for financial ruin; national debt will bankrupt U.S. economy

10/31/2006 - The comptroller general of the United States says the nation is on the path to financial ruin unless the American public tells Washington to change its ways. David M. Walker, head of the General Accountability Office, or GAO, is the nation's top federal accountant. With the voting season now in full...

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