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Topic: National debt


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 U.S. public debt - Wikipedia, the free encyclopedia
National debt can be held by the citizens of the country, or by institutions outside of the country.
The U.S. public debt, commonly called the national debt or the gross federal debt, is the amount of money owed by the United States federal government.
The debt slowly fluctuated for the rest of the century, finally growing steadily in the 1910s and early 1920s to roughly $22 billion as the country paid for involvement in World War I.
en.wikipedia.org /wiki/U.S._national_debt   (2791 words)

  
 Government debt - Wikipedia, the free encyclopedia
Government debt ("public debt", "national debt") is money owed by government, at any level (central government, federal government, national government, municipal government, local government, regional government).
Public debt clearing standards are set by the Bank for International Settlements, but defaults are governed by extremely complex laws which vary from jurisdiction to jurisdiction.
Global debt is of great concern, especially as very often, social capital is depleted (say by downloads of health or welfare services on families or friends), and natural capital is ravaged for "natural resources" to make interest payments.
en.wikipedia.org /wiki/National_debt   (2664 words)

  
 MSN Encarta - National Debt
Debt, National, also public debt, sum total of governmental financial obligations, the result of a state's borrowing from its population, from foreign governments, or from international institutions such as the International Bank for Reconstruction and Development.
Public debts tend to be large-scale credit operations and are contracted on a national scale by central governments and on a lesser scale by provincial, regional, district, and municipal administrative bodies.
National public debts are contracted chiefly by incurring interest-paying loans, in the form of bonds, bills, or notes.
encarta.msn.com /encyclopedia_761562370/National_Debt.html   (1055 words)

  
 U.S. Treasury - FAQs: National Debt
Debt held by the public is the most meaningful of these concepts and measures the cumulative amount outstanding that the government has borrowed to finance deficits.
Debt held by the public excludes the portion of the debt that is held by government accounts.
Additional statistics on the public debt may be found in the Budget of the United States and the Economic Report of the President, and on the Congressional Budget Office website.
www.ustreas.gov /education/faq/markets/national-debt.html   (255 words)

  
 National Debt Graph: (Whitehouse numbers, but take a look!)
The national debt peaked at 120% of GDP in 1946 due to the war effort, but Roosevelt, Truman, Ike, Kennedy, LBJ, Nixon and Carter all did their part to bring the national debt back to pre-war levels.
In 1981 the gross national debt, as a percent of the nation's annual income, reached it's lowest point since 1931, 32.5%.
But, the 1960 debt he held up as "smaller" was 56.1% of our national income.
zfacts.com /p/318.html   (526 words)

  
 Zeroing the National Debt
We no longer hear talk about zeroing the national debt, but as recently as 2001 it was considered by many to be possible and was a topic of much interest.
Driving the national debt down to zero, or even close to zero, has consequences that have not been adequately recognized.
The debt generally referred to is that held by the public in Treasury bills, notes, and bonds, rather than the official debt that includes intra-governmental claims, the so-called “trust funds”.
wfhummel.cnchost.com /nationaldebt.html   (675 words)

  
 United States National Debt
That is, for every dollar a Democratic President has raised the national debt in the past 59 years Republican Presidents have raised the debt by $2.87.
Even Nixon only had one year where he raised the debt more than 6%, his average was 5% for the six years he was in office.
In 2002 the debt tax was eighteen cents out of every federal tax dollar.
www.cedarcomm.com /~stevelm1/usdebt.htm   (3164 words)

  
 Deficits, the National Debt, and Economic Growth
We shouldn't be worrying about deficits and debt; we should instead be worrying about how to achieve non-inflationary growth in national income -- such that national income grows at least as fast as the debt grows.
Debt is harmless, even desirable, if it is successfully employed to achieve income growth for current and future generations.
Deficits and debt are not the monsters that vote-seeking politicians and donation-seeking special interest groups are portraying it to be.
web2.airmail.net /scsr   (1716 words)

  
 U.S. National Debt Clock FAQ
The National Debt is the total amount of money owed by the government; the federal budget deficit is the yearly amount by which spending exceeds revenue.
This was the first time in history the U.S. National Debt surpassed the $7 trillion mark and came less than two years after the Debt first passed $6 trillion.
The remaining 60% of the Debt, roughly $3.3 trillion, is privately held.
www.brillig.com /debt_clock/faq.html   (1010 words)

  
 Advice - National Debtline
National Debtline is a national telephone helpline for people with debt problems in England, Wales and Scotland.
www.birminghamsettlement.org.uk /advice_natdebt.htm   (17 words)

  
 National Debtline, for FREE CONFIDENTIAL and INDEPENDENT ADVICE call 0808 808 4000
Whilst we endeavour to keep the content of our website as up to date as possible, National Debtline cannot be held responsible for any changes in legislation or for developments in caselaw since this information was published.
This is because the laws concerning debt vary depending on whether you live in England and Wales or Scotland.
The helpline that provides FREE CONFIDENTIAL and INDEPENDENT ADVICE on how to deal with debt problems.
www.nationaldebtline.co.uk   (159 words)

  
 Ming the Mechanic: National Debt
More on the U.S. national debt, from Al Martin Raw, the article "Scoreboard 2003".
This *debt* is money *owed* to the rich because of the way the *rich* manipulate the media, the politicians, and the mass population.
The periods he's mentioning, 81-92 and 2001 to the present, where 83.73% of the debt were generated is when Reagan and the two Bushes have been presidents.
ming.tv /flemming2.php/__show_article/_a000010-001042   (419 words)

  
 National Debt
During Reagan/Bush1, the national debt not only went up significantly (over 400%), but the overall shape of the curve is concave upward (2nd derivative >0, or in other words, it not only went up, but the *rate* at which it was going up also increased over the course of the administrations...
During Clinton, the national debt kept increasing, but the shape of the curve is concave downward (2nd derivative <0, or in other words, the rate at which it was going up decreased over the course of the administration, or in English, "Progress was being made toward reigning in out-of-control borrowing."
that they had paid down some of the federal debt, for one, as well as some very humorous charts showing the ever-increasing "surplus" all the way out to 2010 or so).
www.numberboy.org /debt/debt1.1dw.html   (230 words)

  
 The Truth about the National DEBT!
The National Debt is the federal government's total indebtedness at a moment in time.
In Fiscal '97 (Sept 30, 1997) the DEBT increased to $5.413 Trillion
The DEBT load to which the politicians have obligated present and future generations is immoral, illegal, shameful, and grossly unjust!
www.geocities.com /CapitolHill/Lobby/1654/truth.html   (587 words)

  
 WHO'S RESPONSIBLE FOR THE NATIONAL DEBT?
Taken together, the debt of the states and the debt of the Federal Government totals approximately $14 trillion.
To conceal the true size of the debt problem, the Federal Government has been returning less money to the states, forcing the states to borrow to meet their obligations.
The proprietor of the restaurant is responsible for the error, and if he cannot meet his agreed-to obligations for the agreed-upon price, he should declare bankruptcy, go out of business, and make way for a new restaurant with better fiscal sense.
www.whatreallyhappened.com /ndebt.html   (634 words)

  
 U. S. National Debt Clock
It shows the National Debt and it shows the spending in the current fiscal year.
During the first week of January 2003, as we were preparing for war, and while the Democrats were whining about defense spending, the National Debt actually went down; from $$6.40 Trillion on Dec. 31, 2002 to $6.38 Trillion on Jan. 8, 2003.
Debt Consolidation Connection offers free debt consolidation quotes to help you avoid bankruptcy and consolidate debt and loan payments.
www.toptips.com /debtclock.html   (993 words)

  
 Grandfather Economic Report - Home Page - by MWHodges
National Security Report - our founding fathers called national defense the #1 principal reason for establishing a federal government, yet we note a dramatic long-term down trend in defense spending ratios and much less war-time economic mobilization surge potential than was available for those who faced WW II.
51% of all federal debt was created in the 1990s, despite record tax increases in the 1990s bringing the highest tax intake in peace-time history (as a share of the economy).
EYE-OPENER: Trends of Government Spending and Debt - $4 trillion.
mwhodges.home.att.net   (3506 words)

  
 National Debt Services
National Debt Services develops “Fresh Start Coaching” program, which provides one-on-one personal financial coaching which will be available to clients who finish their debt settlement program for the rest of their lives.
National Debt Services merges with the Credit Rights Foundation to offer free credit repair to clients who finish their debt settlement program.
Clients who finish their debt settlement program are provided FREE credit repair services.
www.nationaldebtservices.com   (228 words)

  
 America's Total Debt Report - summary page - by MWHodges
This chart shows, for the period 1957 to mid 1970s, total debt (red line on chart) was increasing close to the growth rate of national income (blue line on chart), despite paying war debt for WW II, Korea and Vietnam.
Stated differently, in 1957 there was $1.86 in debt for each dollar of net national income, but in 2004 there was $4.37 of debt for each dollar of national income.
In this graphic, note how the debt ratio data plots are nearly flat during the first half of the years shown, indicating debt was growing at approximately the same rate as the economy -- not faster than the economy.
mwhodges.home.att.net /nat-debt/debt-nat.htm   (2563 words)

  
 Debt Leads National Leads
This is why some of the largest debt reduction companies in the country have chosen NationalLeads as their source for top quality lead generation.
Debt Lead Quality: All Debt Lead records sold by NationalLeads will be at a minimum 18 years old and will be U.S. residents.
Also, the leads you receive will have a minimum of $5,000 in unsecured debt (debt not including home, auto, or student loans).
www.nationalleads.com /debt.htm   (272 words)

  
 The Democracy Project . Lesson Plans - National Debt PBS KIDS GO!
Explain to students that the national debt exists because the government's expenses often exceed its income from taxes.
Students will be exposed to the causes, the consequences, the amount and the history of the national debt.
Students will agree as a group on the number one priority to correcting the national budget and the class will send an email to the president or to local congressional leaders expressing their opinions.
pbskids.org /democracy/educators/nationaldebt.html   (1023 words)

  
 National Legal Debt Centers, Inc. – Consumer Alert
Though there are many different types of debt relief companies advertised, most creditors will not negotiate with them.
The goal of the means test is to force as many consumers as possible into a Chapter 13, regardless of whether they can realistically afford to make payments on their debts.
And, most people do not realize the difference between the various types of bankruptcy and could easily find themselves paying back a large proportion of their debt anyway, forced by the courts to make those payments.
www.prweb.com /releases/2005/10/prweb299784.htm   (651 words)

  
 national debt on Encyclopedia.com
A year after its christening by President Bush, the towering D-Day National Memorial in Bedford, Virginia, shown at its dedication June 6, 2001, is $5.5 million in debt because of a rush to impress th
Conducting monetary policy without government debt: the Fed's early years.(Federal Reserve System, United States)(Statistical Data Included)
Fitch Takes Rating Actions on National Scale Ratings in Latin America.
www.encyclopedia.com /html/X/X-natldebt.asp   (470 words)

  
 The National Debt
On this page, you'll find the current amount for the national debt.
The estimated population of the United States is 269,165,708 so each citizen's share of this debt is $20,467.75.
The debt is increasing an average of $628 million every day.
www.house.gov /istook/debt.htm   (59 words)

  
 The Debt Clock: Single-number-itis
Debt-to-assets is a key ratio used by bankers who are trying to judge the financial health of a company that wants a loan, and would be a beautiful antidote for national debt single-number-itis.
Debt-to-assets and debt-to-income are rational ways of placing national debt into its proper context.
Next to the huge debt number stood an innocent young toddler named Cory, who was obviously no match for it.
web2.airmail.net /scsr/Debtclok.htm   (1272 words)

  
 National Debt
If you believe reduction of our national debt is important, you should contact your Senators or Representatives by clicking here.
A full 95% of our nation's debt has accumulated since I was 13 in 1963.
Ask them to pay down the debt with "On-budget" funds only and to secure social security trust funds in a separate fund free from general budgetary uses.
www.shambo.com /news-ntldebt.ivnu   (579 words)

  
 Today's Boxscore: Irresponsible Congress!
The database currently is populated with Debt data from January 4, 1993 to October 14, 2005.
Because of this interest our debt is ever increasing (despite the fact that the daily trend may show it decreasing this is normally just a slight flucuation, you'll note that the previous months trend is always increasing).
The balanced budget is certainly a big step in the right direction but interest continues to build on the already existing debt of our great nation.
www.nationaldebt.org   (179 words)

  
 It's The Debt-UWSA National Debt Clock
Your U.S. National Debt up to the minute estimate based on data from the US Treasury and US Census Bureau information.
Even if you don't feel personally responsible for your share of this debt obligation, the immediate impact on you of this much debt is interest payments from your taxes.
The US Treasury Bureau of Public Debt is used to calibrate the existing debt each day.
www.uwsa.com /uwsa-usdebt.html   (703 words)

  
 NATIONAL DEBT
Even if the debt had increased considerably in the second year, the increase in the GNP would have offset the increased ND.
On the other hand, very large deficits and long-term debts can be justified if the programs for which this money will be used can be shown to improve some aspect of the society so the outlay can be considered an investment that will pay for itself over and above expected interest rates.
Yes, we paid off our debt with cheaper dollars, but we paid dearly because of the inflated interest rates we suffered most of those years.
www.nutri.com /wn/nd.html   (2560 words)

  
 The National Debt
Suddenly, it seems everyone in Washington is singing the virtues of retiring the national debt.
The economic argument for debt reduction is clear, say its backers: A sharp drop in the debt would lead to lower interest rates and more business investment, boosting productivity and creating better-paying jobs.
But future taxpayers would be stuck with both the current debt and the costs of their parents' Medicare and Social Security.
www.businessweek.com /1999/99_32/b3641059.htm   (686 words)

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