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$10 Trillion in Debt

Posted in H.L. News, Main Blog (All Posts) on October 2nd, 2007 11:01 am by HL


U.S. $10 trillion in the red

Miami Herald
Excerpt
WASHINGTON — As the national debt heads toward the $10-trillion mark, generous Americans are sending checks to the federal government.

Donations to the Bureau of the Public Debt have topped $2.5 million so far this year. That’s the highest amount since at least 1996.

It’s not making much of a dent, though.

For the fifth time since 2001, Congress is raising the debt limit, increasing it by $850 billion to $9.815 trillion. The Senate approved the plan on a 53-42 vote Thursday. That’s $9,815,000,000,000.00.

The House of Representatives has already signed off on the plan, without a direct vote.

According to the folks who follow this stuff closely, the national debt has been rising by an average of $1.36 billion per day since September of last year.

And each citizen now has a share of nearly $30,000.

3 Responses to “$10 Trillion in Debt”

  1. Wanda Stanley Says:

    How sad some Americans are foolish enough to try to personally replenish Bush’s war debt! Other Americans are foolish enough to think we are as “free” as America professes. Have you heard about STALKING of whistleblowers and some liberals? What stalking is: groups of conservatives in their free time follow liberals and stage “mis-haps” that mimic everyday life. It’s like low-level warfare, and some targets don’t even realize all their bad luck might not be a coincidence. Private Investigator David Lawson proved this happens in his 73-page book on this titled “Terrorist (Cause) Stalking in America.” He infiltrated these groups. One other thing: these conservatives provide romantic dates for us liberals! Don’t believe it? I guarantee it’s true!

  2. DreFilm Says:

    America use to be the country controlling the world. Now we are looking like a joke. The war is a joke. And this debt is a joke. Except that its not funny. Next November isn’t coming soon enough. Have you guys checked out Global Grind’s new website. I first read about this there at http://www.globalgrind.com

  3. anon Says:

    gott love those fiscal conservatives…