US National Debt Rises $162 Billion In 3 Days – Hello $15 Trillion!
Even if the US National Debt figures we are so privileged to receive from Big Brother were accurate – and they’re not – no doubt John Boehner’s ‘heroic effort‘ (ahem) to cut $38.5 billion… ah, forget it. Rearranging deck chairs on the Titanic.
Total US Debt Update: $14.86 Trillion; $162 Billion Increase In Three Days; 98.9% Debt/GDP
(ZeroHedge via Winston) Little to say here: total debt is now at, obviously, a new record high of $14,856,859,498,405.73, which is a $20 billion increase overnight, $67 billion in the past two days, and $162 billion in the last three days. We will repeat the last part: total US debt has increased by $162 billion in three days. Said otherwise, total US Debt/GDP is now 98.9%. Please carry on.
Today’s debt summary: