Monday, October 06, 2008

History made Sept. 30 as National Debt hits $10 Trillion

History was made on Tuesday Sept. 30, 2008, the last day of Fiscal Year 2008 for U.S. Government accounting purposes, as the National Debt crept up over $10 Trillion for the first time ever. There was no fanfare, no balloons, no real mention of it in the newspapers. This was an important milestone in American history and it went by as an average day.

On Sept. 30th, the total debt amounted to $10,024,724,896,912.49

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