Drowning in debt

In "Hamlet," Shakespeare pens one of the most familiar lines -- and best advice -- ever written. Before Laertes leaves for Paris, his father, Polonius, tells him: "Neither a borrower nor a lender be..."

We have ignored that advice for far too long, which is why the U.S. national debt is with more to come, thanks to that calls for $300 billion in new spending and removes caps applied by the Budget Control Act of 2011.