Inovio Pharmaceuticals Inc (INO)

[Reindeer830]

I don't think so. I never used the word debt....implicitly. We have been in a period of deficit spending for a long time. Literally, spending more than the gov't is bringing in in (tax) revenue. So there are annual deficits that add to an existing & ongoing deficit. One can think of our total ongoing deficit as a debt. Unfortunately, our debt is to countries like CHina who buy up our debt/bonds so that we can balance our budget. I think we are saying the same thing. I am much better with #s than words. Forgive me.