The federal debt has increased by more than $1 trillion in 6 months since budget deal was passed. As reported by CNSNews, “at the close business on Oct. 30, 2015, the total federal debt was $18,152,981,685,747.52. By the close of business on April 28, 2016—the latest date for which the Treasury has published the number–the total federal debt was $19,186,207,744,589.55. That is an increase of $1,033,226,058,842.03. The $1,033,226,058,842.03 increase in the debt in the six months since then equals approximately $6,828 for each of the 151,320,000 persons whom the Bureau of Labor Statistics estimated had a full or part-time job in the United States as of this March.” Uncontrollable debts are not good for individuals, families, cities or countries. (cnsnews.com)
National Finance: Debt Up More Than $1 Trillion In 6 Months
