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Monday, November 26, 2012

RED FRIDAY: Treasury Borrowed $24.3 BILLION on Day After Thanksgiving!!

RED FRIDAY: Treasury Borrowed $24.3 BILLION on Day After Thanksgiving!!


(CNSNews.com) – The U.S. Treasury increased the net debt of the United States  $24,327,048,384.38 on the day after Thanksgiving, which equals  approximately $211.69 for each of the nation’s 114,916,000 households.
At the close of business last Wednesday, according to the Treasury, the national debt was  $16,283,161,895,179.85. On Thanksgiving, the Treasury took the day off  and did no borrowing. But on Friday, the Treasury increased the debt of  the United States to $16,307,488,943,564.23. That was a one-day increase  of $24,327,048,384.38.
The Census Bureau estimated that as of September there were  approximately 114,916,000 households in the United States. So, the  $24,327,048,384.38 that the Treasury borrowed on Friday equaled about  $211.69 per household.
Friday was also the first time in the history of the United States that the debt has topped $16.3 trillion.
When President Barack Obama first took office on Jan. 20, 2009, the  national debt stood at $10,626,877,048,913.08. Since then, it has  increased by $5,680,611,894,651.15.
That means that since Obama has been president, the national debt has increased by about $49,432.73 per household.
source
http://cnsnews.com/news/article/black-friday-treasury-borrowed-21169-us-household-day-after-thanksgiving

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