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WASHINGTON – US forced to sell Alaska in order to combat with the rising national debt.

The US has just announced that the national debt has reached an all time high, topping $14 trillion dollars, that’s approximately $45,300 for every person in the US. The national debt is a result of the US accumulating years upon years of financial obligations dating as far back as the days of George Washington. But since 2005 alone, the debt has nearly doubled.

In order to combat the continued rising debt, Congress has been put in the hot seat, being forced to make difficult decisions. It is faced with a few potential options. One, Congress can lift the legal debt limit to create a higher credit limit for the country; Two, dramatically cut spending to keep the government on track and prevent the debt from growing further; or Three, sell government owned properties.

After an intense debate on Capitol Hill, Congress decided to go with option number three and sell Alaska back to Russia. The US purchased Alaska from the Russian Empire back in 1867 for the now bargain rate of $7.2 million dollars.

Original Check from US purchase of Alaska

“The Russians offered to write us a personal check, but that was unacceptable to the terms of the deal,” said Treasury Secretary Timothy Geithner, “This is a COD kind of deal.”

The US stands to turn a hefty profit with the new sale price of $2.85 trillion.  This sale will dramatically reduce the debt, buying the US precious time to rework the budget and find a way to keep the rising debt at bay.

“We initially thought that leasing the state back to the Russians would be an option but we soon discovered that the cost to administer the lease would actually cause us to go further into debt,” explained Sen. Lisa Murkoski R-AK, “That is why we opted to sell it instead. We tried to sell Puerto Rico too but no one wanted it. We had several open houses but no bites, not a one.”

This decision has not been met without extreme outrage by the American public, especially by the citizens of Alaska.

“Just because Sara Palin is from Alaska does not mean that we should be treated like a second class state that can just be sold off on a whim,” said local Alaskan business owner, Bill Kumberlan, “this sale is going to make my life a nightmare, no one on my staff speaks Russian.”

It is unclear what other drastic measures Congress may need to take in order to deal with America’s enormous debt. But if Canada wants to make an offer on Vermont, we will gladly take it.  They’ve always wanted to succeed anyway.