posted on July 11, 2002 10:50:00 AM new
Apparenty today, after being turn off in 2000 because the debt was reduced, they turned the giant National Debt counter in NYC back on! It seems that as of today each and every one of us owes approx $70,000. Do you suppose they use that when they look at your credit report?
Huge debt...brought to you by the current administration. What's another billion?
posted on July 11, 2002 11:47:57 AM new
Wow! May, 2000
WASHINGTON (CNN) - President Bill Clinton said Monday that the United States would pay off $216 billion in debt this year, bringing to $355 billion the amount of the nation's debt paid down in the three years since the government balanced the budget and began running surpluses.
In a written statement, Clinton said the $216 billion payment represented the largest debt paydown in American history, and he said that the federal government's long-term debt is now $2.4 trillion lower than projected to be when he first took office.
posted on July 11, 2002 12:13:00 PM new
Now it's going up 30.00 a second.
NEW YORK (Reuters) - The U.S. government has returned to its old ways of bursting budgets and so New York's landmark national debt clock lit up again on Thursday after a two-year hiatus, whizzing higher by $30 a second.
A spatter of puzzled pedestrians stared up in the morning sun's glare near the bustling corner of Sixth Avenue and 42nd Street near Times Square as workers switched on a massive 11-by-26-foot digital clock that had lay dormant for nearly two years.
Do you suppose they use that when they look at your credit report? 