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It’s Official: Federal Debt Tops $16 Trillion
Posted By yihan On September 5, 2012 @ 9:41 am In Featured Stories,Tile | Comments Disabled
Terence P. Jeffrey
Wednesday, September 5th, 2012
At 4:00 p.m. on Tuesday, the U.S. Treasury reported that as of the close of business on Friday, Aug. 31, the U.S. debt had reached $16,015,769,788,215.80.
That marks the first time in the nation’s history that the federal government’s debt had exeeded $16 trillion.
As of the close of business on Thursday, Aug. 30, the U.S. government’s debt had stood at $15,990,541,092,391.91.
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