Morgan Bowen for Congress Morgan Bowen for Congress

The National Debt

The National debt is now over ten trillion two hundred billion dollars. The number is so large that most people can’t comprehend it. Broken down it amounts to 31 thousand dollars of debt for every man, woman, and child in this Nation. Reckless spending by the Administration and the Congress has left this country in a real crisis. We owe it to future generations to eliminate the National debt. There will have to be some hard choices in order to accomplish this goal.

Congress should never approve new spending unless they can pay for it. If they can’t pay for the spending program there can be no new program. Our current Congressman was recently asked by Morgan about the 750 million dollar embassy being built in Iraq. The embassy is the world’s largest embassy. It covers 105 acres and is still not operational. The excessive size and dysfunction of this complex is a prime example of government waste and mismanagement. Our congressman could only answer, “that’s how government works.” We must do better.

The National debt is a real crisis that is not being talked about. It affects everything from the price of food and housing to the value of the American currency. For the first time in 100 years Canada’s dollar is worth more than ours. We must begin to eliminate the debt now.

"We must take action now to eliminate the national debt. Under the direction of our congressman and this administration the debt has skyrocketed. It is in our national security interest to end this insanity"
--Morgan Bowen


The Gross National Debt:

Who Do We Owe?

Just to name a few....

Japan:
593 Billion Dollars

China:
518 Billion Dollars

OPEC Nations (Including Venezuela & Iran):
174 Billion Dollars

Russia:
74 Billion Dollars

Grand Total of Debt owed to foreign nations as of February 2008:
2.67 Trillion Dollars
Authorized and paid for by Morgan Bowen for Congress
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