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National debt hits $19 trillion
Tuesday, February 2, 2016 | Tag Cloud
(Worthy News) - The national debt hit $19 trillion for the first time ever on Friday, and came in at $19.012 trillion.
It took a little more than 13 months for the debt to climb by $1 trillion. The national debt hit $18 trillion on Dec. 15, 2014.
That's a slightly stepped-up pace compared to the last few $1 trillion mileposts. It took about 14 months for the debt to climb from $17 trillion to $18 trillion, and about the same amount of time to go from $16 trillion to $17 trillion. [ Source ]
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Does anyone know of a trillionaire? We all have heard of millionaires and billionaires, but no one has ever yet made the list for trillionaire.
The point is, the debt can not be sustained at trillions. Do you know how long it would take to pay off one trillion? We don't make a trillion dollars and yet we owe 19 trillions.
ASTOUNDING!