Wall Street Journal Reporter Steve Moore: US Borrowing $5 Billion Each Day

Wall Street Journal reporter Steve Moore told Greta Van Sustern tonight On the Record that the Obama Administration is borrowing $5 billion each day just to keep the US economy afloat.

The US is paying $1.2 billion each month just on interest on the US debt to China.
China is holding $776 billion in US Treasury Securities.

The Obama Administration admitted this past weekend that they miscalculated the US debt by $2 trillion:

Greta meant to say debt not deficit.

More… Carole sent this cartoon–
It seems to fit:

(Birmingham News)



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