Archive for March, 2009
Feature: Analysis of the Debt of the United States Federal Government, Fiscal Years 1977-2007 by Grant Babcock ::
Sunday, March 29th, 2009
Analysis of the Debt of the United States Federal Government, Fiscal Years 1977-2007
By Grant Babcock
At the end of fiscal year 2007, the United States government owed upwards of five trillion dollars to outside entities (treasury report). Additionally, it had borrowed almost $4 trillion from itself; most of this “intragovernmental” debt is money borrowed from the […]