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Discussion Forum : News and Current Events : US Ends June With $13.2 Trillion In Debt

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 US Ends June With $13.2 Trillion In Debt


n case one is wondering why the House Democrats attached a document to the emergency war supplemental bill that "deemed as passed" a non-existent $1.12 trillion budget, which basically allows the ruling party to start spending money for Fiscal Year 2011 without the constraint of an actual budget, here is the answer: on June 30, the US closed the books with just over $13.2 trillion in total debt, an increase of $210 billion in one month, or $2.5 trillion annualized.

read more: http://www.zerohedge.com/article/us-ends-june-132-trillion-debt-adds-210-billion-total-debt-track-breach-debt-ceiling-under-s


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SI Moderator - Greg Gordon

 2010/7/8 14:50Profile
sojourner7
Member



Joined: 2007/6/27
Posts: 1573
Omaha, NE

 Re: US Ends June With $13.2 Trillion In Debt

Isn't anyone aware that the economy is
just a house of cards sitting on a
tablecloth that is about to be yanked
out??


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Martin G. Smith

 2010/7/8 15:44Profile
Lysa
Member



Joined: 2008/10/25
Posts: 3417
This world is not my home anymore.

 Re: US Ends June With $13.2 Trillion In Debt



Many may not like the website but it makes sense if you read it all....


The G-20 Agreed to Strangle Us With Debt

http://www.infowars.com/the-g-20-agreed-to-strangle-us-with-debt/


God bless,


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Lisa

 2010/7/8 15:50Profile
JB1968
Member



Joined: 2009/8/31
Posts: 416
Ohio USA

 Re:

America needs a taxpayer revolt. I do not mean violence.

"Righteousness exalteth a nation, but sin is a reproach to any people."


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James

 2010/7/8 19:36Profile





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