{"id":8173,"date":"2011-01-04T14:16:16","date_gmt":"2011-01-04T19:16:16","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=8173"},"modified":"2011-01-04T14:36:57","modified_gmt":"2011-01-04T19:36:57","slug":"u-s-national-debt-jumps-past-14-trillion-mark","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/8173\/u-s-national-debt-jumps-past-14-trillion-mark\/","title":{"rendered":"U.S. National Debt Jumps Past $14 Trillion Mark"},"content":{"rendered":"<p>According to the U.S. Treasury,\u00a0on\u00a0December 31 the National Debt stood at a whopping\u00a0$14,025,215,218,708.52, breaking the $14 trillion mark for the first time in our nation&#8217;s history.\u00a0\u00a0As\u00a0<a href=\"http:\/\/www.cbsnews.com\/8301-503544_162-20027090-503544.html\" target=\"_blank\">CBSNews.com reported<\/a> yesterday:\u00a0<\/p>\n<blockquote><p>It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. It also means the debt is fast approaching the statutory ceiling [of]\u00a0$14.294 trillion set by Congress and signed into law by President Obama last February.<\/p><\/blockquote>\n<p>Congress\u00a0must\u00a0get serious about implementing\u00a0significant across-the-board spending cuts and\u00a0it should use the pending vote on the debt ceiling to ensure that happens.\u00a0 Furthermore, we need to\u00a0stop the bleeding by forcing Congress and the president,\u00a0via a constitutional amendment, to present and pass a <a href=\"http:\/\/www.onemorevote.org\/\" target=\"_blank\">balanced federal budget annually without raising taxes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the U.S. Treasury,\u00a0on\u00a0December 31 the National Debt stood at a whopping\u00a0$14,025,215,218,708.52, breaking the $14 trillion mark for the first time in our nation&#8217;s history.\u00a0\u00a0As\u00a0CBSNews.com reported yesterday:\u00a0 It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. It also means [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1803,84,2232,59,455,1802],"class_list":["post-8173","post","type-post","status-publish","format-standard","hentry","category-posts","tag-balanced-budget-amendment","tag-congress","tag-debt-ceiling","tag-deficit","tag-national-debt","tag-one-more-vote"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=8173"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8173\/revisions"}],"predecessor-version":[{"id":8178,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8173\/revisions\/8178"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=8173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=8173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=8173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}