posted on Jan, 3 2014 @ 06:07 PM
So you were out at a party with your family and friends New Year's Eve and spent a few dollars for dinner and a show. You got a good deal and got off
with a "reasonable" bill. Maybe you just stayed home and had a few people over. No big cost.
While we were all celebrating the end of a devastating 2013 and wishing everybody a good and prosperous 2014, our old friends in Washington had a
They added a whopping $125.2 Billion to the debt !! All in one day !!
That comes to about $1,088 per household for their New Year's Eve celebration
So far this fiscal year starting Oct 1st, they have added a total of $613.8 Billion to the national debt. And that's just for the first 3 months of
fiscal year 2014 !!
Last year (fiscal year 2013) they added a total debt of "only" $680.3 Billion for the whole 12 months.
Of course that's probably because of the government's “extraordinary measures” to somehow cap the national debt at the legal limit that existed
The total national debt stands around $17.2 Trillion
(that's with a "T")
Happy New Year
Where did all that green cash go ?
And how much are they "planning" on spending this year ?
Uncle Sam’s New Year’s Binge:
Borrows $1,088 Per Household in 1 Day
Uncle Sam—AKA the federal government—went on a New Year’s Eve binge, adding a net of $125,202,709,546.99 to its total debt in just the one day
of Dec. 31, 2013, according to the U.S. Treasury.
That equals approximately $1,088.60 for each of the 115,013,000 households the Census Bureau currently estimates there are in the United States.
Overall, in the first quarter of fiscal 2014, which ended on Dec. 31, the total debt of the federal government jumped $613,787,258,252.83