(CNSNews.com) – The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)â€”during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to officialÂ 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 theÂ 2010 Census.
The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.
During the 110th Congressâ€”which, according to theÂ Clerk of the House, officially convened on Jan. 4, 2007 and adjourned on Jan. 4, 2009–the national debt increased $1.957 trillion. When that Congress adjourned less than two years ago, it claimed the record as the most debt-accumulating Congress in U.S. history. As it turned out, however,Â its record did not last long.
To read more, visit: http://www.cnsnews.com/news/article/111th-congress-added-more-debt-first-100
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