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Here's another report from the CBS News with Katie Couric about government borrowing. Again, there's nothing here that wonks and policymakers will find new. But they're not the target audience: up-to-now-uninterested-viewers are the ones who mostly watch the evening news. This is also the group that has to become interested if the situation is going to change.

I'm going to check with CBS on Monday to find out how long this series is going to continue.

Stop The Presses: CBS Reports On Federal Debt

The national debt is not usually news.

Except when it's not increased by the time the government's existing debt ceiling is reached and the Treasury has to do some interesting things to manage cash flow, federal borrowing is seldom widely reported. When it is, it's usually only of interest to Wall Street and mentioned mostly by financial outlets like Bloomberg, Marketplace, CNBC, etc.

This has been especially the case in recent years as the White House has tried to dampen public and media interest in anything having to do with the budget, fiscal policy, and federal finances. By not talking about it, the administration has tried to convince everyone that it's not an issue.

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