On the recordMay 28, 2010
We saw this week that our country took a very historic line and broke it, and it was this: We broke the $13 trillion mark in debt for this country. This is real money, and all we have to do is know the comparison. Think of dollars in terms of time. A million seconds equals 11 rac{1}{2} days. A billion seconds equals 32 years. A trillion seconds equals 32,000 years. Then think of that in terms of money and what debt will mean for the new generation that is coming up. All of us are a part of the debt-paying generation. All of us have to pay for this out-of-control spending, but it is in particular those who are born today, who are between the ages of 5 and 30, who are now the debt-paying generation. Just with the stimulus bill alone, $787 billion, which we didn't have, we had to go and borrow it from foreign countries in order to spend that money. With debt service, that bill will cost us over $1 trillion.
