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Wednesday, October 05, 2016

Federal Debt in FY 2016 Jumped $1,422,827,047,452.46--That's $12,036 Per Household

(CNSNews.com) - In fiscal 2016, which ended on Friday, the federal debt increased $1,422,827,047,452.46, according to data released today by the U.S. Treasury.

At the close of business on Sept. 30, 2015, the last day of fiscal 2015, the federal debt was $18,150,617,666,484.33, according to the Treasury. By the close of business on Sept. 30, 2016, the last day of fiscal 2016, it had climbed to $19,573,444,713,936.79.

According to the Census Bureau’s latest estimate, there were 118,215,000 households in the United States as of June. That means that the one-year increase in the federal debt of $1,422,827,047,452.46 in fiscal 2016 equaled about $12,036 per household.

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3 comments:

Anonymous said...

The most striking of the increases have occurred during the last eight years. This has to turn around, and Hillary is telling us that she isn't the one to do it; what she's saying is that she's going to give more and more away out of an empty bucket.

Anonymous said...

That is more than my SSI check.

Anonymous said...

Surprise, we can't afford illegal alliens!