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Ricketts in the Senate: Time for compromise on U.S. debt ceiling

Sen. Pete Ricketts - May. 15, 2023

The national debt is a major problem with consequences for every taxpayer. According to one estimate, our debt per U.S. citizen is approaching $95,000, and our national debt per household is around $240,000, adding up to a staggering $31.457 trillion debt overall.  At nearly 120% of Gross Domestic Product (GDP), our debt is larger than the total amount of goods and […]

Ricketts in the Senate: Time for compromise on U.S. debt ceiling

Sen. Pete Ricketts -

The national debt is a major problem with consequences for every taxpayer. According to one estimate, our debt per U.S. citizen is approaching $95,000, and our national debt per household is around $240,000, adding up to a staggering $31.457 trillion debt overall.  At nearly 120% of Gross Domestic Product (GDP), our debt is larger than the total amount of goods and […]