This is theater to drive home the concept that the monopoly issuer of the strongest currency in the world functions just like the household budgeting of voters. It's nonsense and anyone with a half a brain could figure it out with a little research.

The national debt is not a debt the taxpayers have to pay. Quite the opposite, it is our "savings" represented by interest bearing Treasury bonds. Every dollar the federal government spends and fails to recapture in taxation becomes someone's monetary asset in the private sector. Granted, the distribution sucks, but the myths of econ that abound among voter has a lot to do with that.

The debt grows because our population and the economy grow. We no longer have a gold reserve to defend, so the entire concept of a "ceiling" on money spent and left in the private sector to fuel that economy and fund a growing population should be given the label it deserves. Pure BS