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Federal Debt Climbed $198 Billion in October

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CNS News
November 3, 2017

The federal debt climbed $197,573,533,835.88 in October, the first month of fiscal 2018.

On Sept. 29, 2017, the last business day of fiscal 2017, the total federal debt stood at $20,244,900,016,053.51, according to the Treasury. As of Oct. 31, 2017, it stood at $20,442,473,549,889.39—marking a one-month increase of $197,573,533,835.88

The $197,573,533,835.88 increase in the debt equaled about $6,373,339,801.16 for each of the 31 days in October.

It also equaled about $1,651.32 in new federal government borrowing for each of the 119,646,000 households there were in the United States as of September, according to the Census Bureau.

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This article was posted: Friday, November 3, 2017 at 8:15 am





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