Political Rope

In a Senate Floor speech on March 16 2006, Democrat Senate Leader Harry Reid explained that it is abnormal to suggest that raising the debt ceiling with trillions more in new debt will somehow help the economy. On that day, the US Debt was $8.27 trillion. These days, the US Debt stands at $14.32 trillion, an increase of six trillion dollars in less than six years, of which $5.6 trillion took place since Reid became Senate Majority Leader four and a half years ago. (US Debt increased by $2.55 trillion in the four and a half years before Reid became Majority leader)