We did not spend that money. The government spent it, without our permission.
CNN is full of shit trying to make us feel responsible for the government's mistakes.
We did not buy a TV set. The government bailed out Wall Street, funded Israel, and launched endless wars to distract the people from their financial misdeeds. Private banks screwed up, and the government wants to stick us with the bill!
If you will recall, when the Congress voted through the first of the TARP bailouts, the American people opposed that decision by 90%, so it is dishonest to say that the people are obligated to repay that money.
Indeed since that repayment is being demanded as higher taxes, CNN is proposing taxation without representation (if not outright fascism). In the little school I went to in Loudon, New Hampshire I was taught that taxation without representation is a valid reason to fire the government!
See WHO'S RESPONSIBLE FOR THE NATIONAL DEBT?