Click Here For The Truth about the National DEBT!
The Truth about the National DEBT!: "BUDGET DEFICITS AND THE NATIONAL DEBT
A Deficit is amount by which the federal government's outlays exceed revenue in a given year.
The National Debt is the federal government's total indebtedness at a moment in time. It is the accumulation of previous deficits plus outstanding interest.
How much debt are we in? Currently, we have approximately a $5.4 trillion national debt. This amounts to $20,000 per person living in the U.S.
The U.S. budget deficit in 1996 was approximately $107 billion, down from $170 billion in 1995.
The Deficit has gone down, but the DEBT (and INTEREST thereon) continues to grow! Do you get the feeling that the politicians aren't telling you the WHOLE TRUTH? "
A Deficit is amount by which the federal government's outlays exceed revenue in a given year.
The National Debt is the federal government's total indebtedness at a moment in time. It is the accumulation of previous deficits plus outstanding interest.
How much debt are we in? Currently, we have approximately a $5.4 trillion national debt. This amounts to $20,000 per person living in the U.S.
The U.S. budget deficit in 1996 was approximately $107 billion, down from $170 billion in 1995.
The Deficit has gone down, but the DEBT (and INTEREST thereon) continues to grow! Do you get the feeling that the politicians aren't telling you the WHOLE TRUTH? "
posted by Robert at 6:08 PM
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