US Debt Jumped $54 Billion in Week Preceding Deal to Cut $38 Billion

by
April 10, 2011

By Terence P. Jeffrey, CNSNews.com

The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.

The debt was $14.2101 trillion on March 30, according to the Bureau of the Public Debt, and $14.2642 on April 7.

Since the beginning of the fiscal year on Oct. 1, 2010, the national debt has increase by $653.4 billion.

From:  http://www.cnsnews.com/news/article/debt-jumped-54-billion-8-days-preceding

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