by Jane Richey | Dec 19, 2012 | Fiscal Responsibility, Politics
As of Oct. 31, the U.S. government owed $5,482,200,000,000 to foreign interests, according to the Treasury. That was up from $5,476,200,000 as of Sept. 30. The foreign debt of the U.S. government equaled $47,482 for each of the 115,459,000 full-time workers (including...
by Jane Richey | Nov 30, 2012 | Fiscal Responsibility, Politics
The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President...
by Jane Richey | Nov 29, 2012 | Fiscal Responsibility, Politics
The U.S. Treasury Department website states that voluntary contributions to pay down the national debt in fiscal year 2012 reached a record amount of $7.7 million, which is 0.00005 percent of the total national debt of $16,309,738,056,362.44, or approximately $16.3...
by Jane Richey | Nov 27, 2012 | Fiscal Responsibility, Politics
he U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households. At the close of business last Wednesday, according to the Treasury, the...
by Jane Richey | Nov 1, 2012 | Fiscal Responsibility, Politics
From fiscal 2008 to fiscal 2011, according to the U.S. Treasury, the federal government increased spending on foreign aid by 80 percent and, in fiscal 2011, spent 76 percent more on foreign aid than it did securing the borders of the United States. In fiscal 2008, the...