Author Topic: Federal Debt Climbs $1,054,647,941,626.91 in 2016  (Read 696 times)

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Federal Debt Climbs $1,054,647,941,626.91 in 2016
« on: January 04, 2017, 01:07:57 pm »

Federal Debt Climbs $1,054,647,941,626.91 in 2016

(CNSNews.com) - The federal debt climbed by more than a trillion dollars during 2016, according to data released today by the U.S. Treasury [1].

On Dec. 31, 2015, the last business day of 2015, the federal debt was $18,922,179,009,420.89. On Dec. 30, 2016, the last business day of 2016, it was $19,976,826,951,047.80.

The one-year increase in the federal debt during calendar year 2016 was therefore $1,054,647,941,626.91.

 

Source URL: http://www.cnsnews.com/news/article/terence-p-jeffrey/federal-debt-climbs-105464794162691-2016