Tag Archive: Federal Budget

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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