USA Debt Clock

US National Debt News

    Debt Increased more under Geithner than through 1991

    June 30th, 2011

    Debt Increased more under Geithner than between the US Founding and 1991. It increased $3,723,575,990,130.10 from Jan. 26, 2009 until June 30, 2011:

    http://cnsnews.com/news/article/debt-increased-more-under-geithner-under

    CBO-Long Term Outlook Daunting

    June 22nd, 2011

    CBO-Long Term Outlook Daunting

    “In the annual Long-Term Budget Outlook, the legislature’s budget scorekeepers said that the ratio of debt to GDP this year will be 69 percent, 7 percentage points higher than last year. In 2021, the CBO predicts debt will reach 76 percent of GDP, but under a more dire—and more likely—scenario, the public debt will be 101 percent of GDP 10 years from now, well into the economic danger zone of 90 percent or more.”

    Cook County-Chicago, debt may be worse

    June 22nd, 2011

    Cook County-Chicago, debt may be worse

    Cook County-Chicago Taxpayers owe $108 Billion

    June 22nd, 2011

    Cook County-Chicago Taxpayers owe $108 Billion

     

    Short Debt limit raise possible

    June 19th, 2011

    Short Debt limit raise possible

     

    America flirts with a fate like Japan’s

    June 19th, 2011

    The stalling of the US recovery raises big, scary questions. After a recession, this economy usually gets people back to work quickly. Not this time. … read more

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