Truth in Accounting: America’s Official Debt Will Soon Top $12 Trillion
At the rate the feds are borrowing I am wondering who is going to bail America out?
By Warner Todd Huston —— Bio and Archives--November 11, 2009
American Politics, News | Comments | Back To Full Article
This week, the official debt of the United States of America will top $12 trillion. In just one short year, The Treasury Department has borrowed more than $4,600 for each citizen. U.S. government debt has risen to an unprecedented $12 trillion.
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