75 Years of Net Interest Payments on U.S. National Debt in 1 Chart

2017-01-22T07:48:17-07:00

The Motley Fool 1/22/2017 - Sean Williams - According to the USDebtClock.org, the national debt is rapidly closing in on $20 trillion, which works out to more than $61,300 for every man, woman, and child in the U.S. and nearly $167,000 for every taxpayer in the country. The fact that the national debt continues to grow shouldn't come as a shock. With the exception of a few years during the Bill Clinton presidency, all other presidents' budgets in recent memory have run in the red. Perhaps even scarier is the fact that since March 1962, Congress has approved lifting the debt ceiling a jaw-dropping 74 times.See more @ http://www.fool.com/…/75-years-of-net-interest-payments-on-…

Statistics: Posted by McFurd — Sun Jan 22, 2017 7:48 am

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75 Years of Net Interest Payments on U.S. National Debt in 1 Chart