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Old debt. i would say these people e highly irresponsible. but this is actually the federal government s budget i just took off 8 zeros and people on the street eight zer. people on the street had an appropriate reaction to that. whoa, that is why. our future dismal if we continue in the spendi pattern. you have to pay for this. is this all right for you? i m broke. bill: you know the tragedy of this is a lot of families run their budget that way. there are families that are deep in debt. when you do this, you can t keep doing it. bill: you can declare bankruptcy, that is the fail safe position and they do. bankruptcy courts are unbelievable. it s nice to think of a because you can get your brain how insane it is to spend every year, $10,000 more than you make, you ....