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establish better relationship with europe eliminate national debt
the national debt was something used to create national debt
Don't confuse the national debt with the national deficit. The national debt is the accumulated debt carried from year to year. The deficit is the difference between tax revenue and government expenditure in a given year. Clinton was able to get expenditures below revenus while he was in office (known as a budget surplus), but he was not able to eliminate the debt. Clinton inherited a massive debt from GHW Bush (which he inherited from Reagan), and passed an only slightly smaller debt to GW Bush.
pay it off
What was the national debt in 2003?
$350,000,000 in national debt
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
Whether you can eliminate a debt that resulted from a divorce decree will depend on the type of debt. If you owe child support or alimony from a divorce then you will not be able to eliminate the debt in bankruptcy. If the divorce assigned some debt to you as part of the divorce and it was not assigned as child support or alimony then you may be able to eliminate the debt in a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows you to eliminate debt assigned to you that is in the nature of a property settlement and not child support or alimony.
You can make a budget
There are many organizations and companies that have been set up to help one eliminate debt, to include Freedom Debt Relief, Consumer Credit, and the Debt Counseling Corp. Additionally, many websites like CNN Money, Frugal Living, WikiHow, and The Dough Roller have articles about how to eliminate debt through a variety of means.
The national debt of this country is ridiculous.
The are a few different ways someone can eliminate debt. The best way would be to speak with a debt counselor that can guide you on your individual needs. You can also speak with a bankruptcy lawyer. Even if you do not want to file for bankruptcy, they can guide you on how to get that debt eliminated.