National Debt Cons

If money is taken out of each pay check for taxes, then how is the United States national debt so high? From day to day, hour to hour, the United States national debt increases. Though the government tries to stop the growth of the national debt, nothing seems to work. Weather its borrowing money from other countries or spending money the U.S doesn’t have; it causes a jump in the debt. So how has the national debt grown and how has it impacted the United States of America?
National debt, simply put, is the total amount of money that the United States of America owes in a variety of ways. As of January 12, 2016 at 10:58 a.m. the national debt was $18,879.589, 299,999. This number is caused from many things including spending money the U.S …show more content…
Some of the pros to controlling the national debt include lower taxes, the price of living being lowering, wages increasing and fiscal stability. It would allow the country to mange and stabilize all fiscal stand points. Fiscal stability would allow the country to be able to stand on its own feet without the help of other countries. Having wages increase and the price of living decrease would allow many people to ensure their families were provided for. In most ways the value of living would increase if the national debt was …show more content…
There are many ways that the United States can control the nation debt. These ways could include cutting foreign aid in half, eliminating earmarks, cutting government contracts, and reducing the size of world-wide troop presence. Other ways could include reducing troops in Iraq and Afghanistan, cap Medicare growth and eliminating loopholes, credits and lower rates (mic.com). If the United States cute the foreign aid in half, then we are still helping and supporting them but also save money for the United States. Another way the United States can control the national debt is by reducing troop in Iraq and Afghanistan. Though bringing the troops home may leave the job unfinished, it would help lower the cost of the national debt and bring more money to the country. A third way to control the national debt is to put a cap on Medicare. This would allow money to be used elsewhere and lower the deb. One the other hand, cutting Medicare may lead to more people without healthcare. All these ways of controlling the national debt have pros and cons but would overall better the United States as a country.
At 9:58 p.m. on April 13th, 2016 the nation debt clock rang in at about $19,243,130,456,985 dollars in debt; and growing. The government seems to try and lower the debt everyday but nothing seems to be working. Even before the United States of America became an official country, the national