Washington is already $300B over US debt limit

This article is similar to the other article, but we get some specific numbers here. The amount of debt per capita has tripled to $148,629 if we only count those who pay taxes. Otherwise, the amount of debt is $53,715 per U.S. citizen. According to the article, there isn't a debt limit yet. So the federal government can borrow as much they want . I don't think it's a good thing and that we should set a debt limit. On the second thought, it would not really make a difference because they can just eliminate the debt limit again!

http://nypost.com/2013/10/18/washington-is-already-300b-over-us-debt-limit/