Contact Us

‘Our kids are counting on us’: Why a balanced budget amendment must be enacted to curb the growing national debt

Thought Leader: Scott Walker
March 29, 2019
Source: Link

By Scott Walker (Original source Washington Times)


That’s the share of the federal debt inherited by every child born today in America.

When I was born in 1967, my share of the national debt was $1,640. Back then, the national debt was $326 million. That was about 38 percent of the national economy (as measured by Gross Domestic Product).

By 2008, when Barack Obama was elected as the 44th president, the national debt had grown to $10 trillion. That was 68 percent of the national economy.

Eight years later, the national debt nearly doubled to $19.6 trillion. That was an eye popping 104 percent of the our national economy. Yes, you read that right — our debt is more than the overall economy in America.”

Click here to see more

Subscribe to the WWSG newsletter.

Check Availability

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Speaker List
Share My List