Tag Archives: Boston University
Federal debt cracks $15 trillion, officially, but that’s not even half of it
As the Washington Times reported this morning, the Treasury Department’s figure for federal debt has now surpassed $15 trillion. That equates to an increase of $4.4 trillion during Obama’s term. A few simple calculations put these numbers into painful perspective. Per capita, for example, $15 trillion breaks down to $48,000. And for each individual whoContinue Reading