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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  5/27/2015
TUESDAY, NOV 5, 2013  |  3 comments
Federal Debt Jumped $409 Billion in October; $3,567 Per Household

The debt of the federal government, which is normally subject to a legal limit, jumped by $409 billion in the month of October, according to the U.S. Treasury.

That equals approximately $3,567 for each household in the United States, and is the second-largest one month jump in the debt in the history of the country.

In the continuing resolution deal sealed by President Barack Obama and the Republican congressional leadership last month, the legal limit on the federal debt was suspended until February 7 of next year. ...


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· Page 1 ·  Found: 3 user comment(s)
News Item11/5/13 10:30 AM
shane | socal  Find all comments by shane
The God of this world would like us to worry about things like this. Aren't we called for something better, something lasting and eternal?
3

News Item11/5/13 9:15 AM
penny  Find all comments by penny
they've printed trillions upon trillions and given to private investors through the FED, which are private investors, I've always looked at it as the final clearing out of the petrocurrency, but who knows? at elections, Bush, McCAin and Obama sat and said they were being bipartisan as the first of the bailouts began. and it hasn't stopped since. now they keep the printing presses going.
2

News Item11/5/13 7:35 AM
watch and pray  Find all comments by watch and pray
Here's one big reason why there was a big jump in debt:

In the continuing resolution deal sealed by President Barack Obama and the Republican congressional leadership in mid-October, the legal limit on the federal debt was suspended until February 7 of next year.

1
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