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National debt to hit $9 trillion mark around... | |
By ayarrow on July 9th, 2007
At its present rate of growth, the national debt will hit the $9 trillion mark around October 4. This will require Congress to raise the debt ceiling once again. This total includes both publicly held debt, nearly half of which is owned by non-Americans, and intragovernmental debt. Tags:
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Changing Expectations
»A new report finds the main problem in getting the public to deal with our fiscal problems isn't opposition to tax increases or spending cuts -- it's their lack of trust in the government to spend their money wisely.  |
