US Debt Larger than UK, Eurozone Combined

Ad Feedback

America's debt surpasses the combined debt of the eurozone and the U.K., according to new figures released by Republicans on the Senate Budget Committee.

At the end of last year, U.S. debt stood at $15.1 trillion, compared to $12.7 for the eurozone and U.K.

The news comes as President Obama is criticizing Rep. Paul Ryan for his budget proposal, something the Wisconsin lawmaker said comes as no surprise.

Ryan said he's prepared for the president and other critics who claim his plan will hurt the nation's poor.

The chairman of the House Budget Committee said his proposal would spare people 55 and older from cuts in programs like Medicare.

"The question is, do we reform these benefit programs ... or do we kick the can down the road?" Ryan told MSNBC.

Ryan said that, unlike his detractors, Americans are ready for a mature conversation about how to get the nation's fiscal house in order.

"I come from an area that's not considered a big Republican area," he told CBN News Sr. Political Reporter David Brody. "The district I represent (was) for Dukakis, Clinton, Gore, and Obama. So I don't have constituents that are all Republican."

"I have constituents who, from my experience, want to be talked to like adults," Ryan continued. "They want to be told the truth. They want to know the options and the solutions. And they reward people for trying and they don't want to be talked to like children."

CBN News will have a full report on David Brody's interview with Rep. Ryan on Thursday's edition of "The 700 Club." Check your local listings or check after 10 a.m. ET, April 12.

Log in or create an account to post a comment.  


Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBN News

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.