www.defeatthedebt.com Children: I pledge allegiance to America?s debt, and to the Chinese government that lends us money. And to the interest, for which we pay, compoundable, with higher taxes and lower pay until the day we die. VO: American tax payers owe more than 0 million in interest payments every day to cover our government?s debt, much of that debt is owe to foreign governments. Go to DefeatTheDebt.com. Girl: Debt Stinks.