Home > economics, News, Political, Politics, Pre Pulse Ramblings > U.S. marks 3rd-largest, single-day debt increase – Washington Times

U.S. marks 3rd-largest, single-day debt increase – Washington Times


The one-day increase for June 30 totaled $165,931,038,264.30 – bigger than the entire annual deficit for fiscal year 2007 and larger than the $140 billion in savings the new health care bill will produce over its first 10 years. The figure works out to nearly $1,500 for every U.S. household, or more than 10 times the median daily household income.

via U.S. marks 3rd-largest, single-day debt increase – Washington Times.

So, the debt is out of control.  Everybody will be getting a huge tax increase since Obama refused to extend or make permanent the Bush tax cuts.  Obamacare taxes will be kicking in.  AND, for the first time people are starting to mention the “D” word to describe what to expect next year.

Hope and change.

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