Daily Archives: November 16, 2011

Federal debt now at $14,999,400,000,000 (update)

The last six numbers are spinning so fast I can’t write them down, so I just rounded it off.

Just since I was writing the headline and the first sentence, the 400 is already 410.

They have to do something before it gets to $15.19 trillion, the current ceiling.  I was supposed to last until January or February of next year.  I thought congress would do a secret Christmas Eve session to raise it, but it’s not going to hold out that long.




The Treasury Department said Wednesday that the federal debt has climbed to a record $15 trillion [-] a staggering figure that caps a precipitous decade-long rise.

The exact total stood at $15,033,607,255,920.32 as of the end of business Tuesday, marking a jump of $56 billion over Monday’s tally. All told, federal debt has risen $4.407 trillion since President Obama took office. 


Posted:  11.16.11 @ 12:19 p.m. Update:  11.16.11 @ 9:35 p.m.


Filed under Financial Crisis, Uncategorized