Alistair Hawkins-Cole
Somewhere in between 80-90 billion dollars(not trillion)
The USA owes more than 1 Trillion and getting worse.
The US owes over $16 trillion to other countries. India is owed about $53.9 billion. China is owed the most at $1,8 trillion.
2 trillion dollars
No, China is richer than the US because China has a much better economy.
The National Debt is set to surpass £2 trillion
About -4 trillion dollars (with interest)- many countries still owe the US a lOt of money
As of now, it is said that the Philippines owe a whopping P4.42 TRILLION.
Deficit spending is the spending of money that you don't have, therefor people are concerned because taxes will increase and we will have to borrow more money to pay of that certain bill we owe but, will still owe the same amount because we will have to return the money either way so its a lose lose.
The U.S. owes 4 trillion dollars just to china
?US owes china a lot of money...about 3 trillion dollars (2009)
"Ten cents on the dollar" is what somebody is paying compared to what they actually owe. For every dollar of debt, they are paying ten cents--not an additional ten cents. So if they owe $10, they are paying $1.