Claim: "When the national debt reaches $15 trillion, it means that U.S. debt-to-GDP ratio will reach 99.7 percent of our debt and this is $47,900 for every living American."
Fact-check: Leonard Lance says when national debt hits $15 trillion it will equal $47,900 for every living American
Verdict: true
Organisation: PolitiFact
Author: Erin O'Neill
Date published: 2011-11-21T00:00:00