Yep a huge amount. It is 4 times the amount of cash Bill Gates has in the bank or in liquid assets.
It is peanuts.
Reagan never worried about the debt. He knew that he could cut taxes and keep them cut, they would have to curb spending.
There are two ways to curb government growth. The first is to cut governemnt spending. The second is to cut governemnt revenue. Cuting the revenue worked. Cuting spending an apaying off the debt does not.
We are now nearly 35 years with out any new big government programs. Every Democrat believed in 1980 that would be only a few short years until socialized health care would be law. Bill And Hillary believed it.
If Reagan had cut both spending and taxes, Clinton would have had the bucks to get socialized medicine passed. What stopped it was there was not enough money in the till to fund it. You could now be taking a number and waiting for weeks for a Doctors appoinment for a heart attack.
We would now be talking about government run mass transit with cars and fuel severely rationed and people haveing to travel on governemet transportation. You would have to show your national Id to travel on government trasportation of course.
People do not lose their freedom from a national debt, They lose their freedom when there are the funds to start socializing the economy. A governemnt surplus and a Clinton type in the White House will get you socialism in a heart beat.
If you want to stay free, you had best hope for big deficits. Both Hitler and Stalin balanced the budgets... You no doubt would have been a big fan of both.
You are one sick puppy.