the national debt as of right now stands close to 29 1/2 trillion dollars and that figure is just climbing. already the country is paying $1 billion in interest on that debt per day. that s according to the peter g. peterson foundation. congress recently raised the debt limit by $2 1/2 trillion. lawmakers are considering spending more with president biden s 1.7 trillion dollar build back better agenda as we enter the new year. as you mentioned the congressional budget office found the version of the plan that passed the house in november would add $365 billion to the deficit through 2031. that s not including $207 billion in revenue from i.r.s. enforcement. mean whiem with the build back measure stalled some republicans are calling for more oversight demanding a balanced budget amendment to the constitution. senator lindsey graham from south carolina said it would
themselves. jon: if the numbers seem accurate, we ve blown up the coverage in this country to insure 2 1/2 million people. is that benefit worth it? right. the issue back in 2008 when the president was campaigning was 47 million are uninsured so if alan is write and 27% of them are new insures, these are hard numbers to keep track of but the rand corporation numbers are 12%. alan is saying 27%. that s a million and a half or so. that means most of the people who account against the 7.1 million number are people who got shifted from one insurance plan to another insurance plan. that is not a net increase in the insured. mean whiem, as new jersey.com points out this morning, there s a whole plan in new jersey that had 1,800 people on it that just got shut down. they didn t meet the obamacare specifications so it is not clear what is happening in terms of a net increase.