Category Archive: Federal Budget

Sep
15
2011

Pie Chart of Who Holds US Debt — The Highest Isn’t China

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Tonight’s inquiry: Who really holds the much discussed US debt? Well, I took a look first at what the total debt was right now. The total is $14.7 trillion and counting of course. But, what was a little shocking was that next to that number was a calculation divvying up the debt to $47K per …

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Nov
08
2010

What Fiscal Restraint? Back to Republican Borrow and Spend

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Examines the reality of whether Republicans or Democrats are more at fault for the US federal budget deficit.

May
10
2008

Americans Would Need $30K Each to Payoff the National Debt

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By some accounts, the U.S. National Debt is so high enough now that even if we wanted to pay it off, everyone in the country would have to chip in a whopping $30,000 per person! This is based on a 9.3 trillion dollar debt divided by 303 million people. Since only about 143 million of …

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