National Debt Ends 2010 By Topping $14 Trillion

There was a nice little New Year’s Eve present from the Department Of The Treasury that you might not have heard of:

Some milestone’s worth noting:

  • The national debt passed the $ 13,000,000,000,000 mark on June 3, 2010. It took 212 days for an additional trillion dollars to be added to the national debt.
  • Before that, it last passed a milestone number on November 17, 2009 when it hit $ 12,000,000,000,000. It took only 198 days for an additional trillion dollars to be added to the national debt.
  • Since Barack Obama took the Oath of Office, the national debt has increased from $ 10,626,877,048,913.08 to $ 14,025,215,218,708.52. That’s an increase of $ 3,398,338,169,795.44 in 710 days.

Happy New Year !

FILED UNDER: Economics and Business, Quick Takes, US Politics
Doug Mataconis
About Doug Mataconis
Doug holds a B.A. in Political Science from Rutgers University and J.D. from George Mason University School of Law. He joined the staff of OTB in May 2010. Before joining OTB, he wrote at Below The BeltwayThe Liberty Papers, and United Liberty Follow Doug on Twitter | Facebook