Updated
Updated · NOLA.com · Aug 18
Press Urged to Publish $40 Trillion U.S. Debt and Bill Costs Daily
Updated
Updated · NOLA.com · Aug 18

Press Urged to Publish $40 Trillion U.S. Debt and Bill Costs Daily

1 articles · Updated · NOLA.com · Aug 18

Summary

  • $40 trillion in U.S. national debt — about $300,000 per taxpayer — is the centerpiece of Don Landry’s call for newspapers to run daily debt figures in business headlines.
  • Landry also wants outlets to publish the cost of every proposed piece of legislation and break that burden down per taxpayer to sharpen public awareness.
  • He argues both political parties have failed to focus on the debt and says more visible cost data could push voters to demand accountability for spending and fraud in government programs.

Insights

With the national debt nearing $40 trillion, could daily reminders of your $112,700 share actually force the government to stop overspending?
Could exposing the billions lost to healthcare fraud finally trigger the public outrage needed to prevent a catastrophic debt crisis?
As federal interest payments cross $1 trillion, are your rising mortgage rates a direct result of the government's unchecked borrowing?