Monday, December 27, 2010

THIS Is "High-Achieving" Congress?

Well, it's a high-achieving Congress if you're a bond dealer. (Like, for example, Goldman Sachs.)

The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.

That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.

How very special!

HT: Zippers

1 comment:

GOR said...

Speaking of the Census, is anyone else getting badgered by the US Census Bureau to participate in their "Spending Survey"...?

We've had two mailings and three phone calls - two from the 'Chicago Regional Office' - despite having said an emphatic "No!" the first time.

This waste of taxpayer money bugs the hell out of me - as I've pointed out to them in no uncertain terms!