The U.S. government’s total public debt outstanding has nearly reached $22.6 trillion with two weeks left to go in the government’s 2019 fiscal year.
The U.S. government has cumulatively borrowed more than a trillion dollars to be in that business of making student loans.
California Gov. Jerry Brown has proposed a $155 billion state-spending plan for fiscal year 2014-15, which includes billions to pay down debts. Unfortunately, Brown’s debt proposal doesn’t go nearly far enough. In the proposed budget, Brown said: In 2011, the Wall of Debt’s level of outstanding budgetary borrowing totaled $34.7 billion…. The debt has […]