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)