Clinton didnt even balance the budget 6 out of 8 years, much less put a dent in the national debt.
The US was last Debt free in 1836. The level of National debt to GDP has varied regularly; good is 15% or less (preferable 10% or less) bad is over that, and really bad over 25%.
us federal debt in 1850
The majority of US debt is actually owed to US citizens.
The first incur of the national debt was predominantly when the US first began as a country, the expense of the American revolution was somewhat around 75.4 million dollars. Over time, due to expansion and purchase by the nation this caused more debt to accumulate and fluctuate.
1724
The last time the US mail postage rate was raised was in October of 2012. There is a possibility that the rate will be raised again in 2013, but it is unsure yet.
Andrew Jackson because for the first and only time the US was debt free.
The law on debt collection varies from state to state in the US. It could be as little as two years or as long as 8. And the time from which it is measured varies, usually from the last acknowledgment that it is a valid debt.
Some of the best companies that deal with interest free debt consolidation in the United States are the Nation Debt Relief, Curadebt, American Debt Enders, and CareOne.
andrew jackson:D
The law varies from state to state in the US. It could be as little as two years or as long as 8. And the time from which it is measured varies, usually from the last acknowledgment that it is a valid debt.
The length of time in all states of the US for a creditor to collect on a debt is seven years from the date of last payment, OR in the event a judgment has been obtained the creditor has ten years from the date of judgment or last payment, which ever is later.
In Ohio they have set it at 15 years! That is the longest in the US. Medical debts are normally documented in writing. That gives them a fairly long period of time in which to collect. And it will be measured from the last acknowledgment of the debt, payment or letter from the person who owes.
us federal debt in 1850
us federal debt in 1850
I understand how you feel and have recently gotten myself out of debt using many ideas from this website. www.experian.com/business-services/debt-recovery.html . It happens to us all and it will get better. Good Luck.
The national debt clock is a real time running total display which constantly updates to show the current national debt of the United States. You can find it at the website US Debt Clock.
Tell us about the last time you failed to complete a task or project on time?