2011-01-09

Big Debt Numbers

According to the latest statistics, America's national debt (money borrowed and owed) has officially hit $14 trillion. Stated otherwise, that's about $43 000 per person and $135 000 per taxpayer.

Lotta dough.

$14 trillion basically equals the nation's GDP.

Congress is seeking to place a spending ceiling of $14.3 trillion.

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