Taming the Federal Spending Monster

(Archived document, may contain errors) TAMING THE FEDERAL SPENDING MONSTER by Lewis K. Uhler We have reached a milestone in federal fiscal irresponsibility: the cash debt of the United States now exceeds the total value of the shares traded on U.S. stock exchanges. In o ther words, if we were to sell all U.S. stock market-traded stocks, which Forbes has calculated to have a current value of about $2.2 trillion, it wouldn't be enough to pay off the national debt. And there are other ways to put the national debt in perspe ctive:

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