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Discussion Forum : News and Current Events : Federal Debt Jumped $409 Billion in October; $3,567 Per Household

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 Federal Debt Jumped $409 Billion in October; $3,567 Per Household


The debt of the federal government, which is normally subject to a legal limit, jumped by $409 billion in the month of October, according to the U.S. Treasury.
That equals approximately $3,567 for each household in the United States, and is the second-largest one month jump in the debt in the history of the country.

In the continuing resolution deal sealed by President Barack Obama and the Republican congressional leadership last month, the legal limit on the federal debt was suspended until February 7 of next year. ...

read more: http://cnsnews.com/news/article/terence-p-jeffrey/federal-debt-jumped-409-billion-october-3567-household


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SI Moderator - Greg Gordon

 2013/11/5 15:24Profile
murrcolr
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Joined: 2007/4/25
Posts: 1541
Scotland, UK

 Re: Federal Debt Jumped $409 Billion in October; $3,567 Per Household

Many nations are going to go down, everyday it gets that bit closer.


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Colin Murray

 2013/11/5 18:04Profile





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