The US National Debt is at nearly $35T dollars. In the 10 seconds it's taken me to read this line... it's gone up $400K dollars. EOB yesterday... to now... $20B. Dave wanted to know... how to do you pay off the national debt? Is it like your credit card? You have a minimum you have to pay... and anything above and beyond goes to principal?

Nope... it's not that easy... but it's also not that hard. Dave walks through what he learned from a conversation with BYU Professor of Economics,  Mark Showalter.