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Over $19 Trillion Dollars U.S. Citizens Must Now Pay! (Here's Why)

146 views · Published 19 October 2016 · 44:44 · Indexed 20 October 2026

Channel: Topkats Pride · 2016 · News & Politics

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The federal government passed a fiscal milestone on the first business day of fiscal 2017—which was Monday, Oct. 3—when the total federal debt accumulated during the presidency of Barack Obama topped $9,000,000,000,000 for the first time. On Jan. 20, 2009, when Obama was inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to data published by the U.S. Treasury.

As of the close of business on Friday, Sept, 30, the last day of fiscal 2016, the total federal debt was $19,573,444,713,936.79. All U.S. citizens are responsible for this repaying this debt, which is currently; as of June 2016, over $76,442 per household! That number is realized by the U.S. Treasury Dept. and the Census Bureau, with factoring in 118,215,000 U.S.' households.

Top Links: 
* http://www.tlarkins.net/stuff/politics/govt-debt0.html
* http://www.cnsnews.com/news/article/terence-p-jeffrey/debt-under-obama-9000000000000
* http://ijr.com/2014/08/164687-obamas-debt-past-three-prezes-combined/

Featured song with vocals, used by C.C. permission, courtesy of the musical band:  

The Copycuts (group) ... Lovers Like Neon (song)
* Song Link: http://freemusicarchive.org/music/The_Copycuts/Sketches_1599/14_Lovers_Like_Neon
*Song License: https://creativecommons.org/licenses/by-sa/4.0/

*Band's song on YouTube: https://www.youtube.com/watch?v=5NXzbPgwGTU

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