What is the national debt in 2008?
so far the national debt is $9,414,780,866,691.06 as of 18 Mar 2008 at 06:29:29 PM GMT
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The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see cu…rrent statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
Gross national- 53 trillion
who do we owe?????????????
I.O.U.S.A. I.O.U.S.A. I.O.U.S.A
At the time of writing Colombia's National Debt is 122 billion USD
1 Billion dollars
No one specifically owes it, it's more of the entire government sort of thing
Depending on what nation, several hundred million to billions of Â£$ (other)
The debt increases.
If you want to help with the economy, don't consider the national debt your debt. While they might divide it by the amount of people and say each citizen would have to pay a… certain amount, no one needs to, or in most cases, does pay pure capital for the national debt. BUY STUFF! Maybe go to a restaurant. Sales tax is one factor. But then there is the business, which uses your money to pay the food manufacturers. That pays the food processing employees, and keeps them employed so they can pay taxes too. Your tip means the waiter or waitress has cash to go buy something, which is taxed. It keeps the business open, and paying income/property taxes. Those taxes feed the institutions that keep the government and the country running. A variation of trickle-down economics. Sort of. Actually, sales tax is state legislated not national. Property tax is a county (or parish) tax. Understand that the national debt is money owed by the federal government (such as bonds or treasury bills owned by people and institutions throughout the world).