Gift For New Babies: $22,000 In Debt

Welcome to the world, Jada -- you owe $22,000.

And it's not gonna get better.

That figure -- about the price of a new Camaro -- represents the share of the public debt carried by anybody born in the United States today, according to the fiscal watchdog group The Concord Coalition.

Take Jada Grace Larsen. She was born Sunday at New Jersey's Hackensack Medical Center.

"I'm nervous for her and her future and what she's being born into," mother Jeanmarie Larsen, 37, told Wednesday.

READ MORE at Fox News


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