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Federal Debt Fixing To Cross $22 Trillion Level Soon

Summary:
The rapidly exploding U.S. national debt is about to cross another critical threshold.  According to the U.S. Treasury, the debt of the federal government is currently sitting at ,854,296,172,540.94, and at our current pace we will likely hit the trillion mark next month.  This is a horrifying national crisis, and yet nothing is being done about it. http://theeconomiccollapseblog.com/archives/u-s-debt-poised-to-hit-the-22-trillion-mark-as-storm-clouds-indicate-we-could-have-another-financial-crisis

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The rapidly exploding U.S. national debt is about to cross another critical threshold.  According to the U.S. Treasury, the debt of the federal government is currently sitting at $21,854,296,172,540.94, and at our current pace we will likely hit the $22 trillion mark next month.  This is a horrifying national crisis, and yet nothing is being done about it.

http://theeconomiccollapseblog.com/archives/u-s-debt-poised-to-hit-the-22-trillion-mark-as-storm-clouds-indicate-we-could-have-another-financial-crisis

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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