Frankly, I don't see any serious problem in the level of debt of the US. You need this debt to inflate your economy. The alternative would be the end of America. Today's world has changed. The debt would have been suicidal many years back when the US was the only global economic engine. Today we have China who right now is the sole global economic driver. This alone is an insurance against any default by the US on its debt. But the US has to do something to stop the red ink, and the old health care system was bleeding America to death. The new health care Bill is intended to stop this bleeding. As Warren Buffett has so succinctly described, the US health care system places the country at an economic disadvantage vs other countries, spending 17% of its GDP on health care vs 9% of GDP of its developed competitors and having fewer doctors and nurses per person too. Buffett likens this to a tapeworm eating at the US economy. Republicans apparently don't buy this.