US National Debt Tops $13,000,000,000,000
The U.S. national debt hit $13 trillion today, a stratospheric number with looming implications for every citizen. With about 309 million people living in the U.S., the average American owns a $42,000 piece of debt - and the 110 million taxpayers owe an even larger chunk per person as the debt grows ever larger.
Below are some figures from the U.S. National Debt Clock, which tracks the red ink every second of every day.
According to the Debt Clock:
• Total national debt: $13 trillion
• Debt per citizen: $42,026
• Debt per taxpayer: $117,982
• Total interest due: $1.9 trillion
• Interest per citizen: $2,211
Click here to see the Debt Clock, which is updated every second.
• Total personal debt: $16.5 trillion
• Total mortgage debt: $14.1 trillion
• Total consumer debt: $2.45 trillion
• Personal debt per citizen: $53,483
• Debt held by foreign countries: $4.07 trillion
The Debt Clock is not run by the U.S. government, but the information it collects comes from a range of government sources, including the U.S. Treasury, the Federal Reserve, the Congressional Budget Office, the Office of Management and the Budget, the U.S. Census and the Bureau of Labor Statistics.
{Noam Amdurski-Matzav.com Newscenter/Fox News}
7 Responses to “US National Debt Tops $13,000,000,000,000”
2. Comment from ha, ha
Time May 26, 2010 at 7:19 PM
its the yeshiva tuition…
3. Comment from Torah Lovers
Time May 26, 2010 at 9:52 PM
is that debt clock real??
4. Comment from Think big
Time May 27, 2010 at 12:45 AM
You can especially if you rip off someones cc
5. Comment from Proud orthodox Jew
Time May 27, 2010 at 2:31 PM
That much money from stealling a cc, hard to imagine… Lol
6. Comment from AJ Shawn
Time May 28, 2010 at 8:44 PM
It is all good to make jokes of it without bothering to realize the implications. The cause and affect is rather simple. The cause is overspending by the goverment on social services, argiculture subsides, and huge military that our weeklings in Washington refrain from using, as well as the intrest on the defecit. the affect will that eventually china will stop lending money the U.S., prompting us to print money. this will drive up inflation, which will further weaken the econemy, and the US will lose their triple A status. After that, a can’t desbribe how much worse the situation can and will get. unless we do something now to stop it.
7. Comment from U.O.Me. Game
Time May 28, 2010 at 9:05 PM
That doesn’t even count the unfuned obligations in Medicare and Social Security, which pushes the debt up to $62 trillion. I’m working on a video game to challenge people to payoff their share of the debt and appreciate just how big that number is. Check it out: http://bit.ly/bmpnX4
1. Comment from Proud orthodox Jew
Time May 26, 2010 at 5:22 PM
I wish I could get away with owing that much money…