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As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
Many nations have a national debt. When the debt is too large, small countries with a bad credit rating will find it difficult to borrow funds. In the case of the US, the national debt is very high. This is troubling, however, the US has a solid record of always paying its debts when due. That means it has no problems at all in selling Treasury securities, as one example. Still, its better to decrease the national debt. Most solutions to this problem that are reasonable are to raise taxes and cut down spending. This will work to slowly decrease the debt. A very reasonable goal.
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The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
During the eight years of Ronald Reagan's presidency the US national debt experienced a three fold increase. In 1980 the debt stood at 712 Billion and rose to 2, 052 Trillion during his term
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The national debt clock is a real time running total display which constantly updates to show the current national debt of the United States. You can find it at the website US Debt Clock.
Currently the US national debt is about 13 trillion dollars, and this is an extremely large amount. The nation is deeply in debt. Debts are expensive because lenders charge interest.
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$ us 28575937593859375937.50 $ us 28575937593859375937.50
As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
Most likely the United States with our multi-trillion dollar national debt.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.