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National Debt Service

22 hours ago ago from The National Debt Crisis

How much is our National Debt Service ?  Stated another way, how much is the interest on the United States’ National Debt? In the fiscal year ended September 30, 2009, the interest on the national debt was $383 billion, making Interest Expense one of the largest components of the federal budget.  In fact, interest on the national debt accounted for over 27% of our 2009 federal budget deficit. That’s a lot of “National Debt Service” , but ...

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National Debt: Do you want Congress to waste another decade? | bytestyle.tv

23 hours ago ago from bytestyle.tv | Shelly Roche's podcast about technology + politics + news + free living

Home Shirts Sponsors Be a Sponsor! Stats Bio Search this site: Home > Blogs > shelly s blog > National Debt: Do you want Congress to waste another decade? National Debt: Do you want Congress to waste another decade? View Email history Submitted by shelly (not verified) on December 17, 2009 - 11:35am congress downsizedc national debt spending From our friends at ...

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Does the increased credit card debt level signify overspending?

15 hours ago ago from Debt Consolidation Blog

US housing crisis as a result of liberal lending terms, now lenders are tightening their mortgage standards there by allowing only creditworthy customers to take new mortgage loans and tap the home equity line of credit. In such case, leaving Americans make use of credit card debt to meet their needs drumming pricey and potentially volatile debt that lenders continue to offer. As a result Americans are turning towards credit cards, ...

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The Audacity of Debt

21 hours ago ago from Right Sided American Kafir

Source: WSJ The Audacity of Debt Comparing today's deficits to those in the 1980s. Getty Images At least someone in America isn't feeling a credit squeeze: Uncle Sam. This week Congress will vote to raise the national debt ceiling by nearly $2 trillion, to a total of $14 trillion. In this economy, everyone de-leverages except government. It's a sign of how deep the fiscal pathologies run in this Congress that $2 trillion ...

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U.S. National Debt Tops Debt Limit

21 hours ago ago from Right Sided American Kafir

Source: CBS U.S. National Debt Tops Debt Limit by Mark Knoller The latest calculation of the National Debt as posted by the Treasury Department has at least numerically exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill. The ceiling was set at $12.104 trillion dollars. The latest posting by Treasury shows the National Debt at nearly $12.135 trillion. A senior ...

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