How Much Could $9 Trillion Buy You?

14 Sep
2007


National Debt Hits Record $9 Trillion, originally uploaded by Rob Bluey.

How about one latte for every American every day for 21 years. That’s the alarming news from my colleagues at the Heritage Foundation. The chart above depicts just some we could to with our $9 trillion national debt.

That total — equal to $29,700 per American and $78,683 per household — is the amount as of Sept. 19 that the federal government has borrowed from the public as well as its own accounts such as the Social Security Trust Fund. If the government paid $1 billion a day toward the debt, it would take 25 years to pay off.

For other charts like this one, check out Heritage’s A La Chart feature.

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