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Posts Tagged ‘U.S. Federal Debt’

U.S. Public Debt Defies Gravity for 68 Days

Posted by feww on July 26, 2013

U.S. Federal Debt hit $16,738,105,803,858.21 on July 24: Daily Treasury Statement

The Total Public Debt Outstanding now exceeds the statuary debt ceiling by more than $38.68 billion.

  • As of May 19, 2013 the debt limit was increased to $16,699,421,095,673.60,  according to Treasury Department.

However, the U.S. federal debt has been kept unchanged at $16,699,396,000,000.00 for 68 straight days, an amount which is exactly $25 million less than the statuary debt limit, ETFGuide reported.

daily T statement
TABLE III-C – Debt Subject to Limit – DAILY TREASURY STATEMENT – Cash and debt operations of the United States Treasury – Wednesday, July 24, 2013.  

The US National Debt was more than $16,878 billion, with the debt per taxpayer calculated at $148,015, as of posting, according to usdebtclock.org.

 

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