Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household – By Terence P. Jeffrey (CNS News) / Nov 27 2019
The federal debt has increased by $1,303,466.578.471.45 since last Thanksgiving, according to data released by the U.S. Treasury.
That is the largest Thanksgiving-to-Thanksgiving increase in the debt in nine years. The last time the debt increased more from Thanksgiving to Thanksgiving was in 2010, when it increased by $1,785,995,360,978.10.
It also equals approximately $10,137.48 per household in the United States.
At the close of business on November 21, 2018—the day before last Thanksgiving—the federal debt stood at $21,769,263,916,844.09. At the close of business yesterday, it stood at $23,072,730,495,315.54.
That equaled an increase of $1,303,466,578.471.45.
That Thanksgiving-to-Thanksgiving increase in the debt worked out to approximately $10,137.48 for each of the 128,579,000 households the Census Bureau estimates there are in the United States in 2019.
The full federal debt of $23,072,730,495,315.54 now equals $179,444 per household.
Continue to article: https://www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-13-trillion-last-thanksgiving-10137-household
