Is Time Running Out for the National Debt Clock in New York City?
(MUSIC) US Debt Clock HOST: There are several so-called debt clocks in cities around the United States. These devices record the increasing amount of money that the United States owes. The most famous National Debt Clock is in New York City (pictured). But, as the debt grows, time runs short for the debt clock. It now needs some extra spaces for numbers. Barbara Klein has our story. BARBARA KLEIN: We will start with the clock itself. It hangs on a wall at 1133 Sixth Avenue in the famous area of Manhattan called Times Square. It electronically shows the estimated dollar total of national debt as it increases each second. The clock also shows another dollar amount that represents “Your Family Share” of the national debt. The numbers in both lines are bright red. They continuously change as the debt grows. A successful land and property investor and developer named Seymour Durst created the National Debt Clock in nineteen eighty-nine. At the time, the United States national debt was two-p
