Armstrong hello, everyone, its today that we finally get down to the business to talk about the National Debt, americas money man, george goodman, joyce us, and devaye stephen l pruitt, managing partner. Lets first define. Lets go to our skype guest. Goodman, explain to our listeners what the National Debt is . Its the amount we have borrowed for many, many years and theres a debt ceiling which is currently about 20 trillion but has to be raids rayed by congress or we cant borrow hormoney to pay for the spending in the past basically. So back in 2015, there was a a deal between president obama and john boehner the head of the house, who said, we will raise 20 trillion, and put up with they have to raise it back in 2017 after the election we will deal with it then. Then has arrived. So march 15, we really hit the National Debt ceiling and we havent raised since then. We have to raise it sometime or the government wont be able to pay its bills. The only way the government can pay its bil
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