For the record: It took only 15 days for Uncle Sam to rack up another $100 billion in debt. We’ve been keeping an eye on the national debt all this month — ever since Congress and the White House agreed to suspend the debt ceiling (again) until March 2017.
It didn’t much surprise us that the national debt grew from $18.15 trillion to $18.49 trillion between Oct. 30 and Nov. 2. It did surprise us when the total leaped $100 billion in the following three days, to $18.61 trillion.
And only 15 days since crossing the $18.6 trillion mark — the most recent figure is last Friday — we’re now past $18.7 trillion.
The figure would be even higher were it not for an anonymous donor who sent the Treasury a check for $2.2 million recently. We’re hard-pressed to think of a worse way to pour $2.2 million down the toilet than that.
Poster Comment:
The U.S. is on the cusp of total collapse. I wish I had a tenth of that $2.2 million sent to the Treasury.