> The national debt has risen by 49.4% to $8.545 Trillion.
Each individualGÇÖs share of the national debt now equals $28,483. That is, every American newborn enters the world owing $28,483--and the debt burden is growing.
A family of 4GÇÖs share of the national debt now equals $113,933.
> The national debt has increased by $2.827 Trillion in the six years since the Republicans took control of government. George Allen and George Bush are full participants in creating this fiscal mess.
Under Bush/Allen, each personGÇÖs share of the national debt rose by $9,423.
Under Bush/Allen, a family of 4GÇÖs share of the national debt rose by $37,692.
The Republicans have no one to blame but their irresponsible selves. They have controlled Congress and the Presidency, and the Republican leadership rammed through everything they wanted. Tax cuts and increased spending. Whee! What fun, particularly when most of the tax cuts and increased spending go to your political supporters. How long will it take for the country to pay for this abomination?
Contrary to George Allen's lame proposal to keep him and his fellow Republicans from continuing to run up the national debt, we don't need to amend the Constitution to fix this problem. We certainly don't need to consolidate more power in the presidency with a line-item veto. We simply need to vote the Republicans out of office.
(The numbers above are based on the Bureau of Public Debt's website, and the fact that our population just turned 300 million.)