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Federal Debt Now Over a Trillion Dollars a Year!
serf
Member Posts: 9,217 ✭✭✭✭
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.
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.
Comments
09/30/2008 10,024,724,896,912.49
09/30/2015 18,150,617,666,484.33
The Govt Has So Much We Give it To people Overseas We never Will Know
And Some We Don't Want to.[B)]
What? Time to panic?
PS: I'm only a panic monitor.