National debt of the United States

Republican vice-presidential candidate U.S. Congressman Paul Ryan speaking in front of the campaign's "national debt clock" in Dover, New Hampshire September 18, 2012. 

US debt is eclipsing the rest of the world. So, where have the deficit hawks gone?

Just a few years ago, Republican Party leaders couldn’t stop warning us about the perils of the debt. But once in power, their voices have gone silent. The US is now one of the most indebted nations on earth.

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