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sndfreQ's avatar

http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

^^This link provides the monthly interest debt for FY2008; the low is $19B for the month of September ‘08, the high so far (June ‘08) posted $110B. The total for the year (October ‘07 – September ‘08) is $451,154,049,950.63.

Divided by 365 days, that averages out to be ~$1,236,038,493.02 per day (over $1.2B per day).

Over $51M per hour
Over $858,000.00 per minute

my head hurts now

jvgr's avatar

To put sndfreQ’s data into a more personal perspective, there were 138M taxpayers in 2007, so that means each taxpayer’s share is : $8.96/day.

The amount is actually higher because the taxpayer population, for some reason, includes some people who pay nothing?

galileogirl's avatar

And Chris you may be interested to know your part of the national debt is closing in on $34,000

http://www.brillig.com/debt_clock/

Will you be paying with cash or credit card?

sacaver's avatar

I’ll just take out an ARM to pay for my share…

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