Wednesday, November 16, 2011

US Dept Tops $15 Trillion

We really need to stop digging if we ever hope to get out of this hole.

http://www.washingtontimes.com/news/2011/nov/16/federal-debt-more-15-trillion

"The Treasury Department said Wednesday that federal debt now tops $15 trillion — a staggering figure that has risen precipitously over the last decade.

The exact debt total stood at $15.034 trillion as of the end of business Tuesday, an increase of $56 billion over Monday’s tally.
...
At it stands now, debt is now nearly equal to the projected U.S. gross domestic product for 2011, which the Obama administration said in its February budget would reach $15.079 trillion.
"

No comments:

Post a Comment

Related Posts with Thumbnails

Like what you read; Subscribe/Fan/Follow