Local & Regional
8:04 am
Wed July 4, 2012

Lankford: $16 Trillion Debt will take Years to Cut

James Lankford-Facebook

OKLAHOMA CITY (AP) — Republican U.S. Rep. James Lankford says it will take years to trim the U.S. debt level that is nearing $16 trillion.

Lankford discussed the nation's budget issues Tuesday during a citizens' forum in Oklahoma City.

Lankford says the U.S. budget deficit this year will be about $1 trillion, roughly $300 billion less than last year. He says House Republicans have developed a plan to dramatically reduce the debt over 10 years.

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