Valley News -

By Harold Pease Ph D
Special to Anza Valley Outlook 

Your bill on the national debt is $179,908 – due immediately

 

Last updated 3/13/2019 at 4:57pm



The national debt just exceeded $22 trillion. To pay this debt today each citizen owes $67,033. Since children pay no taxes, nor do about 45 percent of the adult population, each taxpayer actually owes $179,908. The nation’s largest creditors in order are: Medicare/Medicaid at $1,091,280,000,000, Social Security at $1,005,651,000,000, defense and war at $676,814,000,000, income security or welfare at $293,531,000,000, net interest on debt at $350,206,000,000 and federal pensions at $272,980,000,000, according to http://www.USDebtClock.org.

Even with the present robust economy, which is t...



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