Skip to the content

Tag: Deficit

By the Numbers

UP TEN OVER TEN - The national debt of the US government rose from $6.783 trillion on 9/30/03 to $16.738 trillion on 9/30/13, an increase of $9.955 trillion over the last 10 fiscal years (source: Treasury Department AUTOPILOT — Some of the spending by the US government increases automatically year-after-year with no required input from Congress. These "automatic stabilizers" increased federal spending by $422 billion...