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It's Official: $16 Trillion in Debt

On Tuesday, September 4th the U.S. debt officially passed the $16 trillion mark. President Obama and Congress have been promising us fiscal sanity for over three years now, but what we’ve gotten is a doubling of the national debt.

Our debt is now greater than 100% of GDP, and Congress will spend MORE money this year than they did last year. Congress must know now more than ever: We the People demand a STOP to the spending!

Sign below to tell Congress: the out-of-control spending must stop!

http://action.freedomworks.org/7830/its-official-16-trillion...



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SteveMT's picture

Yup. "It's Official: $16,015,769,788,215.80"

9-4-2012
A week ago, following the unsettled auction of the just concluded 2 Year bond issue, we calculated that the total US debt just crossed a psychological boundary that it will never cross to the downside ever again. Today, we just got the official confirmation courtesy of all auctions from last week finally settling. Sure enough, as of Friday, the official debt tally is now $16,015,769,788,215.80.
http://www.zerohedge.com/news/its-official-1601576978821580