Tag Archives: United States public debt

This is what $16 trillion dollars looks like: $16,000,000,000,000

This is what $16 trillion dollars looks like: $16,000,000,000,000 and you aint’s seen nothing yet! At this rate of growth, total US debt will surpass: $17 trillion on June 10, 2013; $18 trillion on March 23, 2014; $19 trillion on … Continue reading

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Who does the USA owe the most money to? HINT: IT’S not China

As the U.S. government spends an unprecedented amount of money to fix the economy, there is an equally great need to raise the cash to pay for it. This is accomplished through borrowing, whereby Uncle Sam sells Treasury securities of … Continue reading

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INFO GRAPHIC & VIDEO: Current and Projected National Debt as a Share of the Economy according to the U.S. Congressional Budget Office

How to Fix our Fiscal Crisis | LearnLiberty. What is the single most important thing that can be done to fix the U.S. budget deficit? Harvard economist Jeff Miron says the answer is clear: cut entitlements. Miron explains that as … Continue reading

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Looming Debt Crisis Finally Solved! Use US Tax Code from 1961 and the National Debt will be gone in 10 years

As congressional negotiators continue to debate the contents of a deficit reduction package, discussions are reportedly tilting toward a deal that will include spending cuts but no revenue increases. Over at the Campaign for America’s Future, the Institute for Policy Studies’ (IPS) … Continue reading

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INFO CHART: History of the United State’s GDP growth since 1923

Gross Domestic Product (GDP): Gross National Product MINUS any payments on foreign investments. The monetary “value” of all of a nation’s goods and services produced within a nation’s borders and within a particular period of time, such as a year. … Continue reading

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How much every US man, women, and child owe as their fair share of US National Debt

  Public Debt: $9,738,039,057,343.52       Intragovernmental Holdings: $4,606,464,350,365.41   Total U.S. National Debt: $14,344,503,407,708.93     Question: Who owns the public debt? Answer: Mutual funds, pension funds, foreign governments, foreign investors, American investors, etc.   Which Foreign governments own the most … Continue reading

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