12/29/2010

We're Spending Ourselves Into Oblivion

111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S.

Monday, December 27, 2010
By Terence P. Jeffrey

(CNSNews.com) - The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.

That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.

See Nancy Pelosi "promise" no new debt
http://www.eyeblast.tv/public/checker.aspx?v=hdSUuznz6U

The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
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