Truth self-evident. July 4's quest: which's more challenging for US, independence from Great Britain or from debt?

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*update*
Real Time U.S. National Debt Clock
The National Debt Clock is a billboard-sized running total display which constantly updates to show the current United States gross national debt and each American family's share of the debt. The National Debt Clock It is currently installed on the western side of One Bryant Park, west of Sixth Avenue between 42nd and 43rd Streets in Manhattan, New York City. It was the first debt clock installed anywhere.

WHAT IS THE NATIONAL DEBT TODAY?
$23,116,130,259,152
That's $70,008 for every single person in America.
America's growing debt is the result of simple math — each year, there is a mismatch between spending and revenues.

U.S. National Debt is $11.5 trillion (updated 1 July 2009) and has continued to increase an average of $3.91 billion per day since September 28, 2007! Canadian Prime Minister Stephen Harper called the U.S. deficit "dangerous". Canada's deficit is short-term and not structural.

Canadian Prime Minister Stephen Harper called the U.S. deficit "dangerous"

"The Liberal Party cites the United States as their fiscal model ... In the United States the deficit is running at four times the size of our deficit. It is a dangerous, long-term structural deficit that existed even before the recession began, one that will require tax increases eventually." Harper said last Thursday his government is set to post a record high deficit of C$50.2 billion this year but promised to balance the books again in 2013-14.

Harper has repeatedly said Canada's deficit is short-term and not structural. The White House forecast last month the U.S. deficit for fiscal 2009 would swell to $1.84 trillion, more than four times the then-record $455 billion deficit for fiscal 2008.

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Photos courtesy of AuthenticHistory.com and federalbudget.com

Original Source: Reuters