Monday, September 10, 2007

US National Debt

The US national debt is now over $9 trillion, about $29,000 for every man, women and child in the US. In 2000 the debt was $5.7 trillion. You can follow the monthly increase in the national debt since Jan. 2001 here (you need to enter the dates).

A significant portion (although less than I thought) of that debt is held by foreign countries. About $1.6 or so trillion. Still that's a lot of money. About 3 times the direct cost of our current wars.

Lots of facts about the national debt can be found here at the Concord Coalition and here at National Debt Clock.

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