federal debt
See the following -
Gigantic Run-Up Of Federal Debt For What?
Robert Higgs | The Independent Institute | February 6, 2013
At the end of fiscal year 2008, the federal debt held by the public was about $5.8 trillion. By the end of fiscal year 2012, it had grown to about $11.3 trillion. Thus, in just four years, it had nearly doubled: the government ran up almost as much debt in four years as it had accumulated during the entire previous history of the nation. [...] Read More »
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