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How much would each citizen have to contribute to pay off national debt?
About $40,000 per person as of 2008.
What is the average personal debt per person?
The average personal debt per person in the US is around $52,000 per person. While this is high, the debt has fallen since the peak in 2008.
What is the difference between the National debt and the budget deficit?
Budget deficit is how much we spend per year over what we take in from taxes. National debt is the total amount the nation owes (the deficits added together).
How much is the interest on the US National Debt?
Currently, American taxpayers are paying $53,000,000,000 (yes that's BILLION) per MONTH just for the INTEREST on our current debt!
How fast is the national debt growing per day?
Roughly $6.6 billion per 24 hour day.
How much would each citizen have to contribute to pay off national debt?
About $40,000 per person as of 2008.
How much does each taxpayer owe against the national debt?
I think only 45% of the population actually pays any tax- if that is so, the debt per tax payer is about $103,000. The debt clock ( see the related link) estimates tha debt per person at $46,142.69 this evening of July 14.2011.
What is the average personal debt per person?
The average personal debt per person in the US is around $52,000 per person. While this is high, the debt has fallen since the peak in 2008.
What is the difference between the National debt and the budget deficit?
Budget deficit is how much we spend per year over what we take in from taxes. National debt is the total amount the nation owes (the deficits added together).
How much is the interest on the US National Debt?
Currently, American taxpayers are paying $53,000,000,000 (yes that's BILLION) per MONTH just for the INTEREST on our current debt!
What percentage of the national debt is owed to foreigners?
66.2 per cent
How much will a trillion dollars of government debt cost each tax payer?
One trillion dollars is approximately $3,250 per documented citizen. Overall the National debt $13.3 trillion is approximately $120,000 per resisted tax payer and $43,000 per documented citizen.
How fast is the national debt growing per day?
Roughly $6.6 billion per 24 hour day.
What is the national debt per capita of the US?
$47,272 at the end of the 3rd quarter 2011
What is the amount of the national debt?
US National DebtEven before I write the figures, they will be outdated. National Debt Before InterestThe national debt a couple of minutes ago was $12,950, 497, ---, ---. The last digits are blank because the live ticker was changing too quickly to write down the numbers.Debt per citizen was $41, 882Debt per taxpayer was $117, 707Government spending was 3,555, 151, 4--,---The deficit was $1,426, 071, 84-,---And to give some idea how quickly those figures are growing, I looked again and the Natonal Debt is now $12,950, 514,---,---.With Interest, it jumps dramatically.With interest the debt is:$55,751,567,000,000. That is $180,000 per citizen.And the national debt is now $12, 950,540,---,---.Please see the related link to visit the Live National Debt Clock.
How much is the national debt?
Around £350 million. Since this answer is in pounds, I'll assume it is the British debt. The United States has a public debt in excess of 13,000,000,000,000 (TRILLION) Dollars, and pays 53,000,000,000 (BILLION) per MONTH interest on that debt!
How long will it take to drive to the end of the national debt at 65 miles per hour?
That doesn't make sense; that's trying to convert one type of unit to another that measures something completely different. How much you can drive in a certain time is a distance; the national debt is an amount of money.
