Difference between revisions of "National debt of the United States"
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The '''National Debt''' is the amount of money the [[United States]] government owes various [[creditors]] due to [[deficit spending]]. The current national debt is approximately 9 trillion dollars. <ref>http://www.treasurydirect.gov/NP/BPDLogin?application=np</ref> | The '''National Debt''' is the amount of money the [[United States]] government owes various [[creditors]] due to [[deficit spending]]. The current national debt is approximately 9 trillion dollars. <ref>http://www.treasurydirect.gov/NP/BPDLogin?application=np</ref> | ||
| + | ==Debt of the US== | ||
| + | In January 20, 1993; the same year of Clinton's inauguration into office, the national debt of the United States was 4.1 trillion dollars and by the end of his run in office (January 19, 2001) it was at 5.7 trillion dollars. <ref>http://www.treasurydirect.gov/NP/NPGateway</ref> By August 8, 2008; the debt has grown to 8.9 trillion dollars.<ref>http://www.treasurydirect.gov/NP/NPGateway</ref> | ||
==References== | ==References== | ||
<references/> | <references/> | ||
Revision as of 01:01, August 10, 2007
The National Debt is the amount of money the United States government owes various creditors due to deficit spending. The current national debt is approximately 9 trillion dollars. [1]
Debt of the US
In January 20, 1993; the same year of Clinton's inauguration into office, the national debt of the United States was 4.1 trillion dollars and by the end of his run in office (January 19, 2001) it was at 5.7 trillion dollars. [2] By August 8, 2008; the debt has grown to 8.9 trillion dollars.[3]
References
- ↑ http://www.treasurydirect.gov/NP/BPDLogin?application=np
- ↑ http://www.treasurydirect.gov/NP/NPGateway
- ↑ http://www.treasurydirect.gov/NP/NPGateway
