Archive for the 'National Debt' Category

The National Debt by President

Wednesday, January 23rd, 2013
national debt by president

There seems to be a lot of debate around the water cooler and the dinner table as to which President is most responsible for the increase in the National Debt.  In this article, I’d like to take a look at the growth in the National Debt by President using an unbiased approach.  This analysis uses National Debt figures from the U.S. Treasury Department and the White House Office of Management and Budget.

To be sure, there is plenty of blame to go around for the uncontrolled growth in the National Debt.  For this analysis Read the rest of this entry »

National Debt April 2010

Friday, April 30th, 2010

The National Debt totaled $12.949 trillion as of April 30, 2010, a new record for the largest national debt ever.  This was up from a national debt of $12.773 trillion on April 1, 2010, meaning that federal government debt increased by approximately $176 billion in the month of April 2010 alone.

National Debt March 2010

Wednesday, March 31st, 2010
march 2010 national debt

The National Debt totaled $12.773 trillion as of March 31, 2010, a new record for the largest national debt ever.  This was up from a national debt of $12.440 trillion on March 1, 2010, meaning that federal government debt increased by approximately $333 billion in the month of March 2010 alone.

National Debt February 2010

Sunday, February 28th, 2010
national debt february 2010

The National Debt totaled $12.440 trillion as of February 28, 2010, a new record for the largest national debt ever.  This was up from a national debt of $12.279 trillion on February 1, 2010, meaning that federal government debt increased by approximately $161 billion in the month of February 2010 alone.

Deficit Panel

Friday, February 19th, 2010
deficit panel

With much fanfare, President Obama created a Deficit Panel yesterday for the purpose of finding bipartisan solutions to the exploding federal budget deficit and national debt.  The official name of the Deficit Panel is the “National Commission on Fiscal Responsibility and Reform”.  That name is obviously too long for most people to remember, so already journalists are using shorter names to identify the panel.  In this article, I’m using the term Deficit Panel, but you may also see or hear it referred to as the Debt Panel, the Deficit Commission, the Debt Reduction Commission, the Deficit Reduction Commission, and other similar names. Read the rest of this entry »

National Debt Clock

Wednesday, February 17th, 2010
national debt clock

The National Debt Clock was erected in New York City’s Times Square in 1989, when the national debt was just $2.7 trillion.  In 2004, the National Debt Clock was moved from its original location on 42nd Street to its current location on Sixth Avenue (Avenue of the Americas), about a block away.

The National Debt Clock keeps a running total of the total federal government debt, and also calculates each American family’s share of the national debt.  The National Debt Clock was the Read the rest of this entry »