Decade of Debt: Federal Debt Up More Than $10 Trillion in 2010s


bigstock A Magnifying Glass Is Looking 295644895 debt chained handcuff recession(Worthy News) – The federal debt increased by a record $10,796,419,662,320 in the decade that is coming to a close today, according to data published by the U.S. Treasury.

This was the first decade in the history of the nation when increases in the federal debt averaged more than $1 trillion per year.

The total federal debt accumulated during the decade has equaled approximately $83,967 per household. (The Census Bureau estimates there are currently approximately 128,579,000 households in the country.) [ Source: CNS News (Read More…) ]

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