Showing posts with label U.S. Goverment. Show all posts
Showing posts with label U.S. Goverment. Show all posts

Tuesday, August 31, 2010

What was the National Debt in January 2009?

Courtesy of the U.S. Treasury Department (www.treasurydirect.gov).

The National Debt on January 1, 2009 was:
$10,669,804,864,612.13

When President Barack Obama was inaugurated on January 20, 2009, the National Debt was:
$10,626,877,048,913.08

In 1959, the interest paid on the National Debt was $7,592,769,000 (The total debt was $290,797,771,717.63 that year)

In Fiscal Year 2009, the interest paid on the National debt was:
$383,071,060,815.42 (greater than the total debt in 1959)

National Debt Clock