Topics :US Debt
- In November 2010 alone, the federal deficit totaled $150 billion.
- On October 18th 2005, the Outstanding US Public Debt rose to $8,003,897,406,911.24 - the first time it had risen above $8 trillion
- The U.S. debt is up 43% under President Obama in just over two years
Major Foreign Holders of Treasury Securities, total $4trillion (June 2010) - As of March 2009, the biggest foreign holders of US debt are China ($727 bn), Japan ($629 bn), UK ($157 bn), Brazil ($129bn) and Russia ($116bn)
- Total Assets of U.S. Economy (12/31/2008) in billions
- Throughout fiscal year 2010, Medicare and Medicaid, Social Security and Defense programs accounted for 64% of federal spending.
- Foreign Treasury Holders (Billions USD) - Febuary 2010
- The U.S. government's debt ceiling has been raised six times since the beginning of 2006 (as of 2010)
- Total US debt as a percentage of GDP (as of 2008)
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