Monday, December 3, 2007

National debt grows $1 million a minute

Did you see this story on Yahoo this morning? The national debt is currently $9.13 trillion and grows by $1 million a minute! Yikes!

Here's the scary part from the article:
The national debt — the total accumulation of annual budget deficits — is up from $5.7 trillion when President Bush took office in January 2001 and it will top $10 trillion sometime right before or right after he leaves in January 2009.


And some are saying that this is just leading to a recession, Let's hope not.

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