National Debt Now Tops $12 Trillion

by Mark Knoller,CBS News

 Obama has already increased the debt $1.6 Trillion in less than a year

It’s another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population,it amounts to $38,974.34 for every man,woman and child.

Technically,the debt hit the new high yesterday,but it was posted on the Treasury Department website just after 3:00 p.m. ET today. The exact calculation of the debt is a 16-digit tongue-twister and red-ink tsunami:$12,031,299,186,290.07

This latest milestone in the ever-rising journey of the National Debt comes less than eight months after it hit $11 trillion for the first time. The latest high-point is not unexpected,considering the federal deficit for the just-ended 2009 fiscal year hit an all-time high at $1.42-trillion – more than triple the previous year’s record high.

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17 comments to National Debt Now Tops $12 Trillion

  • Michele

    Obama is raising the debt just by flying all over the world,it costs how many hundreds of thousands of our money just to fly air force one?

    • LIME

      DEAR MICHELE.
      MAYBE WE SHOULD GIVE THIS MAN THE AIR FORCE ONE AND SAY GO HOME.SINCE HE LIKE TO FLY,HE MAYBE JUST TAKE THE OFFER.WOULD THAT BE NICE TO GET HIS ASS OUT OF THE WHITE HOUSE

    • Mitch

      He deserve it. He is the messiah…remember you lost Michelle get over it…I didn't vote for him….

  • obama is trying to get us into as much debt as he can so he can print more money to make the dollar be gone bernanke with the FCC is helping obama they want the dollar gone and when it is I understand that obama will control all the new currency that we get and that the USA willbe out of debt because our debt was in dollars THE jpost.com on internet has this on about obama and Bernanke how they are trying to ,make the dollar be gone
    People can you all see what obama ic doing he knows what he is doing everyone with money whether in stock or whatever will have no money and nerw currency he will control WAKE UP PEOPLE WAKE UP YOU democrats who put him in this willeffect you to

  • Jo Cramblit

    Can't we take him to court to stop him in his tracks? He has broken so many laws and we just sit and let him do it. If I were a lawyer I would be working hard on this. I'm just a simple citizen but I will back whoever does it. JC

    • There is a court case going on now in California by Orly Taise a terrific attorney re:his birth certificate. When they prove he's not a citizen,he will no longer be eligible to be President. Let's hope this goes through. The other way is to have him removed by IMPEACHMENT. Link above. Please add yourself to the list.

      The ball is rolling.

      • LIME

        Dream on runner 45.
        THIS NO AMERICAN MAN HAD THE MONEY TO BUY ALL THE MEDIA,PELOSE,REID AND OTHER NO GOD AMERICANS TO PUT HIM IN THIS BEAUTIFUL WHITE HOUSE.HE WILL BE THERE AN SMILE AT YOU WATCHING YOU ALL SUFFER.

        • The judge doing the court case is an ex-Marine and no fooling around with him. He's turned down appeals from "OOO". So it's no dream. It's a BIG possibility now to remove this usurper.

          Stop being a downer LIME. Get in the groove with all of us who are patriots. That guys days are numbered.

    • Jo Cramblit I do not anyone that can has the nerve to go against obama look what he did about the black panters and seiu who attacked people at voting booths and Tea Patries obama let them off and look what the senator said he did about evudence that they had got about hasson before that terriosts shot murdered those 13 Soldiers and One BABY

  • Tom

    impeach him now. don't wait another day,let's do whatever is required to remove him from office by whatever means required.

    • Teri

      I'm with you. He is one of the worst Presidents we have ever had. It doesn't help that he hates his own country!

      • There is a court case going on now in California by Orly Taise a terrific attorney re:his birth certificate. When they prove he's not a citizen,he will no longer be eligible to be President. Let's hope this goes through. The other way is to have him removed by IMPEACHMENT. Link above. Please add yourself to the list.

  • LIMME

    I SAY GET THIS KENYAN MAN OUT OF THE WHITE HOUSE.IF HE STAYS THERE FOR THE FOUR YEARS,WE HAVE TO REBUILD THIS MANSION.THIS IS AMERICA,NOT AFRICA DESSERTS.

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