0
12 trillion dollars. That's a lot of cash. It is so much money that virtually no one can conceive of how much money 12 trillion dollars really is. While the American people were still trying to wrap their minds around the idea of what a billion dollars is, someone upped the ante. Big time.
A government website that tracks spending, gives the figure of just over $12 trillion as the official sum of the national debt of the United States. Of course, by the time this sentence was written the figure is even larger. That's right. Its borrowed money. And yes, interest has to be paid.
While a strict constitutionalist would argue that this is the debt of the Federal Reserve and not the debt of the American people, the citizens of the United States are ultimately the ones to have to settle the tab.
What else can I help you with?
What is the national debt for Canada?
lots (like a couple hundred billion) but not as much as the us national dept at like 11 trillion check out the us dept counter here--> http://zfacts.com/p/461.html
How much was the U.S. national dept on Jan. 1 2007?
As of 31 December 2006, the national dbt was US $4,901,047,000,000. The national debt as of 30 September 2014 was US $12,784,971,000,000.
What is the current credit card dept amount in the US?
$ 60000
How can i tell how much money I'm receiveing from fafsa?
In the US, you will be notified via mail from FAFSA within a few weeks after applying for the Federal Assistance. If you need help finding out how much you owe on your loans, contact the Dept of Ed. at 1-800-4FEDAID.
What is money paid out to buy things or settle a dept?
it is a dept
How much money is the us in dept?
none
Why does the US have so much dept?
They spend too much in army.
How much dept did the civil war put the us in?
a lot
How much is US in dept because of war?
I would say 1,00000,000000,000000000 dollars.
How much money does each person owe as part of the US national dept?
10000000000000$
What is the national debt for Canada?
lots (like a couple hundred billion) but not as much as the us national dept at like 11 trillion check out the us dept counter here--> http://zfacts.com/p/461.html
Is the US in dept to any countries?
yeah
What are the US locations of Dept of Veterans Affairs domiciliaries?
No
What US Dept has a plow on its seal?
The Department of Agriculture.
Who do Secret Service Agents answer to?
US Treasury Dept
Are universities recognized by the Council of Higher Education or US Dept of Education?
Most online universities are accredited and recognized by the council of higher education and also the US Dept of Education.
How much was the U.S. national dept on Jan. 1 2007?
As of 31 December 2006, the national dbt was US $4,901,047,000,000. The national debt as of 30 September 2014 was US $12,784,971,000,000.
