Saturday, November 19, 2011

Government Deficit Surpasses $15 Trillion

Increased $56 Billion In One Day

The Treasury Department said Wednesday that the federal debt has climbed to a record $15 trillion. The exact total stood at $15,033,607,255,920.32 as of the end of business last Tuesday, marking a jump of $56 billion over Monday's tally. All told, federal debt has risen $4.407 trillion since Barack Obama took office. It stood at $5.7 trillion in 2001, when George W. Bush moved into the White House.....more

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