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To: Toddsterpatriot

According the the fed's own figures the debt has risen almost $500 million in the last 9 months and with three months to go this fiscal year plus Social Security surpluses that will be offset with more fedgov IOU's it looks as though the increase in the national will come very close to that figure.


126 posted on 07/11/2006 1:52:08 PM PDT by american spirit
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To: american spirit
According the the fed's own figures the debt has risen almost $500 million in the last 9 months

Did you mean $500 billion?

Social Security surpluses that will be offset with more fedgov IOU's

Surpluses reduce the amount the Feds borrow. You have a link to these numbers?

128 posted on 07/11/2006 1:55:56 PM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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To: american spirit
According the the fed's own figures the debt has risen almost $500 billion in the last 9 months

I looked here.

Public debt, that's what the Feds actually borrow, rose from $4,601,238,726,062.64 on 9/30/2005 to $4,797,203,565,138.78 on 6/30/2006. An increase of $195,964,839,079.14 in 274 days. $715,200,142 a day. Not quite $2 trillion a day.

245 posted on 07/13/2006 6:14:54 PM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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