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Federal Debt Now Over a Trillion Dollars a Year!

serfserf Member Posts: 9,217 ✭✭✭✭
edited January 2017 in General Discussion
Have you taken basic math and calculated an exponential curve? Well don't worry your dollar values will show you the way soon! Just watch that interest rate for a head start!

serf

http://www.cnsnews.com/news/article/terence-p-jeffrey/federal-debt-climbs-105464794162691-2016

On Dec. 31, 2015, the last business day of 2015, the federal debt was $18,922,179,009,420.89. On Dec. 30, 2016, the last business day of 2016, it was $19,976,826,951,047.80.

The one-year increase in the federal debt during calendar year 2016 was therefore $1,054,647,941,626.91.

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