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National Debt: GOP, Democrats Both Helped In Driving Deficit Sky High

WASHINGTON — Two centuries after America’s birth, the national debt was a bit under $1 trillion when Ronald Reagan took office in 1981. Just three decades later, it has soared above $14 trillion, and accusations of blame are flying. Bo…

WASHINGTON — Two centuries after America’s birth, the national debt was a bit under $1 trillion when Ronald Reagan took office in 1981. Just three decades later, it has soared above $14 trillion, and accusations of blame are flying. Both Republicans and Democrats played major roles in driving the figure sky high.

If the tab were divided up now, it would come to roughly $47,000 for each man, woman and child in the United States.

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