Thursday, June 10, 2010

U.S debt to rise to $19.6 trillion by 2015

$19.6 trillion by 2015? Given the government's track record of forecasting costs and expenditures in the future this will prove to be a low estimate.

The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.

Source: reuters.com

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