2009 Federal Deficit Surges to $1.42 Trillion

Courtesy Topix - Business News  Sat, 10/17/2009 - 01:46

The Associated Press 1 comment Graphic shows federal debt held by public as percentage of GDP What is $1.42 trillion?

It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada's, and more than $4,700 for every man, woman and child in the United States.


 

Related items

The Federal Debt: How To Lose A Trillion Dollars
With the federal deficit soaring, annual interest payments on debt will reach $916 billion by the end of the decade. Although everyone can see the train wreck coming, lawmakers seem powerless...

Dow falls about 250 points as debt talks collapse
The stock market was not exactly surprised that the so-called supercommittee failed to reach a deal to cut the federal deficit. But on Monday, investors sold big.

S.&P. Downgrades U.S. Long-Term Debt
Standard & Poor’s removed the United States government from its list of risk-free borrowers on Friday night, dropping the rating to AA+ on concerns about rising federal debt.

Panasonic Dect 6.0 Expandable Silver Digital Cordless...
DECT 6.0 TECHNOLOGY EXPANDABLE UP TO 6 HANDSETS ALL DIGITAL ANSWERING SYSTEM WHITE BACKLIT LCD ON HANDSET CALL WAITING CALLER ID WITH TALKING CALLER ID UP TO 4-WAY CONFERENCE CAPABILITY NIGHT...

Wireless Headset W Adapter for Cordless Telephones
Sound like the Pro you are with the Plantronics CS55H Home Edition Wireless Headset System. It combines the clarity of traditional corded technology with the hands-free mobility of wireless...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com