Final answer:
The U.S. national debt does not rise by $75 million dollars every hour. It increases when the government spends more money than it receives in revenue and has to borrow money to make up the difference. The national debt can also decrease if the government has a budget surplus and pays off some of its outstanding debt.
Step-by-step explanation:
The statement is false. The U.S. national debt does not rise by $75 million dollars every hour. The national debt is the total amount of money that the government owes its creditors. It increases when the government spends more money than it receives in revenue and has to borrow money to make up the difference. The national debt can also decrease if the government has a budget surplus and pays off some of its outstanding debt.
The national debt has been a topic of concern for many years, as it has continued to grow over time. As of July 2015, the national debt stood at $18.58 trillion dollars, and it has continued to increase since then. The government borrows money by selling Treasury bonds to investors, and the amount owed on these bonds contributes to the national debt.
In conclusion, the U.S. national debt does not rise by $75 million dollars every hour. The national debt increases when the government spends more than it collects in revenue and has to borrow money. The amount of the national debt can increase or decrease over time depending on the government's budget deficits or surpluses.