I believe that debt is one of the biggest problems in America. The US debt is now equal to 17.075 trillion dollars according to the figures of the treasury department. Some communist blame the government for its "extordinary measures". The treasury department was forced to barrow 400 million dollars in the beginning of May in. anticipation of an agreement of congress and Obama.
I have noticed that the government doesn't make a lot of their spending public and the people don't know what their money is being used for. The government and the congress of course spends a lot of money on things that aren't even concerning America.
America is so far in debt that they don't even know when it will end. We are trillion of dollars in debt and cant afford to barrow anymore money. At the end of FYI of 2014 the total government debt in the untied stated is expected to be about 21.0 trillion dollars!
The debt in American is not improving it is only getting worse, and no one knows when or of it will get better. Although most global countries are in debt, but debt for them is not necessarily a problem if you have income coming. The US on the other hand does not. Millions of people are without jobs, which is not bringing in income.
I think a great solution for this would be only put people on welfare that absolutely need it. A lot of people do need it and that is fine, but a lot of people don't, and that is really hurting the income in America.
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