The US National Debt will exceed $15 trillion dollars during the next year. You could paper over the entire state of California (or 2,327 Manhattans) with 15 trillion dollar bills.
If you are more of a linear thinker, You could line the dollar bills up end to end and create more than 5,000 columns from the Earth to the Moon.
Fortunately, The President told us almost two years ago that he has it all under control.
Barack Obama – The White House – February 26, 2009.
The time has come to usher in a new era—
a new era of responsibility in which we act not
only to save and create new jobs, but also to lay
a new foundation of growth upon which we can
renew the promise of America
In the little more than a month my Administra-
tion has had in office, we have not had the time
to fully execute all the budget reforms that are
needed, and to which I am fully committed Those
will come in the months ahead, and next year’s
budget process will look much different
But this Budget does begin the hard work
of bringing new levels of honesty and fairness
to your Government
our Budget will run deficits, we must begin the
process of making the tough choices necessary
to restore fiscal discipline, cut the deficit in half
by the end of my first term in office, and put our
Nation on sound fiscal footing