October 07, 2005
The National Debt
From Calculated Risk:
Calculated Risk: Fiscal 2005: National Debt Increases $553.7 Billion : The US Treasury Department reports that the US National Debt [including debt held by the Social Security Trust Fund and by other government agencies] increased $553.7 Billion in fiscal 200.... The total National Debt is now $7,932,709,661,723.50.... The initial estimates for fiscal 2006 are for a new record of approximately $650 Billion in new debt....
Posted by DeLong at October 7, 2005 01:10 PM