The Presidency: Stalking a Mysterious Monster

Stalking a Mysterious Monster

Memo to the Editors:

With all of the hullabaloo this week about a fancy new plan to require a balanced budget, I renewed my quest to track down the National Debt. You'd think it would be a cinch to find, big as it is. Remember Ronald Reagan's describing it in February 1981 as being a stack of $1,000 bills 67 miles high? I joked that they might have it piled on the Mall to scare tourists.

Who keeps track of this monster? What does it look like, feel like? At the White House a few years ago, I ran the question...

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