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TexasSP
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08.07.2011, 06:29 PM

Jerry, the debt is not 4 trillion, it's 14.5 trillion and counting.

http://www.usdebtclock.org/

This time in 2008 it was around 10 trillion so we have seen a 4.5 trillion increase in three years. In 2000 the debt was almost 6 trillion.

It's estimated by the CBO that the debt will be almost 19 trillion by 2015 but if the current trends sustain it will be closer to 23 trillion.


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Last edited by TexasSP; 08.07.2011 at 06:31 PM.
   
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