If it is left like that, debt will rise as a result.
Total national debt rose in dollar terms each year from 1972-2012.
He said the peacekeeping debt could rise from the present $800 million to $1.1 billion by the end of the year.
Instead, the debt will rise to $3.4 trillion by 2007.
Our total debt would have risen by about £300 billion pounds.
In the Reagan years, that debt rose to 52 percent of national income.
As a result, the nation's foreign debt is rising faster than its income.
If the public debt rises a bit, private debts can come back into line.
At the time, the national debt remained under $3 trillion but was rising.
Bad debts rose 20 percent, to £706 million ($1.26 billion).
