Saturday, August 13, 2016

$14 trillion public debt

08/11/201614,012,831,105,933.15
The Debt Held by the Public exceeded $14 trillion on 8/11/16.  It first exceeded $13 trillion on 12/30/14.

Who cares, right?  Well if it doesn't matter, why don't we abolish taxes and just rack up the debt?  Hmm.

Update:
The Debt Held by the Public hit $7 trillion on 5/28/2009.  So the doubling period is just over 7 years.

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