Claim: The federal debt is more than $14 trillion, "almost equal to the size of our entire economy," and "every child born today inherits a $45,000 share of the national debt before they take their first breath."
Fact-check: Rep. Jim Renacci says each child is born with a $45,000 share of the national debt
Verdict: mostly-true
Organisation: PolitiFact
Author: Sabrina Eaton
Date published: 2011-05-05T00:00:00