Study Says National Debt Is Bigger Than You Think – $50,000,000,000,000
The national debt is much larger than most people think, $50 trillion instead of $15.7 trillion, a report by financial services firm Deloitte says. Besides the true debt, the report describes four additional risk factors that deserve attention when considering the extent of the U.S. debt crisis.
The federal government is currently adding about $4 billion per day to the national debt, which comes to about $750 per household per month.