Mar 30, 2011 ... Everyone in Washington knows how to cut spending. ... Leaders of both parties  have grown our government for decades by spending money we didn't have. To  pay for it, they borrowed $4 billion a day, leaving us with today's $14 ... the debt  ceiling by less than $800 billion to a new limit of $8.965 trillion.
To pay for government growth, leaders of both parties "borrowed $4 billion a day,  leaving us with today's $14 trillion debt." — PolitiFact Florida on Friday, April ...
Sep 25, 2018 ... Tax cuts, spending increases and higher interest rates could make it ... The  federal government could soon pay more in interest on its debt ... The run-up in  borrowing costs is a one-two punch brought on by the .... “That party is ending.” ...  the total public debt of the United States stands at nearly $16 trillion, ...
With the U.S. national debt already exceeding $15 trillion, President Trump's tax  reform and ... Defense spending during the war led to unprecedented borrowing,  with the debt ... In 2018, the federal government spent $4.1 trillion while it took in  just $3.3 trillion in revenue, leaving a budget deficit of almost $800 billion [PDF].
Sep 18, 2008 ... Hamilton's big idea is still with us today. John Steele Gordon recalls the history of  the debt. ... the deal went through and the government borrowed $19,608.81. ...  and had stopped paying both principal and interest on those debts in 1786. ...  relative to the American GDP, about $14 trillion, it is "not excessive.
To pay for government growth, leaders of both parties "borrowed $4 billion a day, leaving us with today's $14 trillion debt."