Monday, May 23, 2011

A Trillion Here A Trillion There

It's unclear whether or not the late Everett Dirksen ever said anything about real money.  Nevertheless, the United States has accumulated  as much debt in the last 7 years as we created in our country’s entire history up to 7 years ago. 

As of the end of April 2004 the total debt of the US government was $7.13 trillion. 

As of the end of April 2011 the total debt of the US government was $14.29 trillion.

Source: Treasury Department  

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