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Wed Nov 27, 2019, 01:05 PM

Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household

Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household
By Terence P. Jeffrey | November 27, 2019 | 11:41am EST

The federal debt has increased by $1,303,466.578.471.45 since last Thanksgiving, according to data released by the U.S. Treasury.

That is the largest Thanksgiving-to-Thanksgiving increase in the debt in nine years. The last time the debt increased more from Thanksgiving to Thanksgiving was in 2010, when it increased by $1,785,995,360,978.10.

It also equals approximately $10,137.48 per household in the United States.



At the close of business on November 21, 2018—the day before last Thanksgiving—the federal debt stood at $21,769,263,916,844.09. At the close of business yesterday, it stood at $23,072,730,495,315.54.

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https://www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-13-trillion-last-thanksgiving-10137-household

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Reply Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household (Original post)
RCW2014 Nov 27 OP
Dumper Nov 27 #1

Response to RCW2014 (Original post)

Wed Nov 27, 2019, 01:27 PM

1. But, if we made a dent in that debt, those receiving a majority of it's benefits would not

bare a large burden, as their tax burden is relatively small. So, many of the 'households' to which you refer have no real responsibilities here.

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