The National Debt is over 16 Trillion Dollars and America does not have the funds to pay it back. Yet despite this outrageous debt, the federal government continues to spend tax payer's dollars recklessly, and spent over 3.6 trillion dollars in 2012. Federal Spending must be cut because by spending money we don't have, the federal government is leaving the burdens of debt to future generations. We cannot afford another year of deficits over a trillion dollars.
The federal government must stop spending money that it doesn't have and pass a balanced budget amendment to the constitution.