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Jay M
CNBC Television
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Comments by "Jay M" (@jaym9846) on "Concerns over debt ceiling negotiations put U.S. credit on 'ratings watch negative'" video.
US debt is $32,000,000,000,000 ($7 trillion to foreign countries including China) and rising $1M every 40 seconds. It only takes $5,000,000,000 laid end-to-end reach the moon and back. When US raises the debt limit, it is allowed to borrow more (at 4.3% for 1 yr). Our gov doesn't earn enough to pay its bills without borrowing.
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