National debt jumps nearly $100 billion in one day to record high: The U.S. national debt is creeping up again, after holding steady for the last few months thanks to the annual flood of individual and corporate tax receipts.
Total government debt hit a record $19.38 trillion on Thursday, up nearly $98 billion from the day before. It's the first time it has ever exceeded $19.3 trillion.
The debt will soar higher still in the coming months, and is expected to approach $20 trillion by the time President Obama leaves office.
The total debt had been essentially flat since March, when it hit $19.2 trillion. Growth in the national debt often slows or plateaus in the spring and early summer, as tax receipts in April help balance out federal spending that's on a current pace to exceed receipts by $500 billion.
Truenews to keep your freedom!Get out of the dinosaur dying lying mainstream media!Tired of being lied to and deceived yet?Here is a fresh source of news and information to help you sort through the fog of deception that is constantly put out!We all know that the media and politicians had been bought and paid for a long time ago!They keep telling us things are getting better and they are going to fix it,but we all know in our hearts that this is just another lie!Sooner we wake up the better!
The System works because you work!
Popular Posts
-
March 30, 2011, 02:52:59 PM Welcome, Guest . Please login or register . 1 Hour 1 Day 1 Week...
-
Translate this page: Select Language Afrikaans Albanian Arabic Belarusian Bulgarian Catalan Chinese (Simplified) Chinese (Traditio...
-
Dan Kitwood/Getty; Whitehotpix/ZUMAPRESS.com Pippa Middleton, Kate Middleton's younger sister, has a wild side, according to ...
-
On Fema camps Watch this! http://www.youtube.com/watch?v=6Dys3xE2Bnk On 911 http://www.youtube.com/watch?v=E_YCbj9rqzw&feature=rela...
-
> James Middleton naked photos circulate online as frenzy over sister Pippa Middleton skyrockets BY Shari Weiss DAILY NEWS STAFF...
-
Pippa Middleton bikini pictures surface while family tries to stop spread of topless photos BY Shari Weiss DAILY NEWS STAFF WRITE...
-
Beyonce, Jay Z Cuba Trip 'Fully Licensed' by US... <click here
-
Kurt Nimmo and Alex Jones Infowars.com May 2, 2011 CNN and the corporate media report this evening that purported CIA asset Osama bin La...
-
Fall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that w...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment