Life's like that!

June 03, 2010

$13 Trillion Debt

That means $42,000 for every man, woman and child in the USA.

Federal debt tops $13 trillion mark

By Stephen Dinan

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Calculated down to the exact penny, the debt totaled $13,050,826,460,886.97 as of Tuesday, leaping nearly $60 billion since Friday, the previous day for which figures were released.

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