- WND - http://www.wnd.com -
Treasury borrows $24 billion day after Thanksgiving
Posted By -NO AUTHOR- On 11/26/2012 @ 11:49 pm In Money,Politics,U.S. | No Comments
(CNSNEWS) — The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households.
At the close of business last Wednesday, according to the Treasury, the national debt was $16,283,161,895,179.85. On Thanksgiving, the Treasury took the day off and did no borrowing. But on Friday, the Treasury increased the debt of the United States to $16,307,488,943,564.23. That was a one-day increase of $24,327,048,384.38.
The Census Bureau estimated that as of September there were approximately 114,916,000 households in the United States. So, the $24,327,048,384.38 that the Treasury borrowed on Friday equaled about $211.69 per household.
Article printed from WND: http://www.wnd.com
URL to article: http://www.wnd.com/2012/11/treasury-borrows-24-billion-day-after-thanksgiving/
© Copyright 1997-2013. All Rights Reserved. WND.com.