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  • Putting The National Debt Into Perspective We Can All Understand

    07/20/2024 5:08:15 PM PDT · by SeekAndFind · 22 replies
    Money Metals ^ | 07/20/2024 | Mike Maharrey
    The federal government ran another big deficit in June, as the national debt inches closer to $35 trillion.$35 trillion USD.Trillion with a 'T.' That's an unfathomable number. It's meaningless to most people. We simply can't comprehend a number that big.Let's try to put the $34.9 trillion national debt into perspective.According to the National Debt Clock, every American citizen would have to write a check for $103,565 to pay off the national debt. Of course, a lot of people don't pay taxes. That means the taxpayer burden is much higher. Every U.S. taxpayer would have to write a check for $266,953...