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$40 trillion; where does all that money go? - The Amelia Bulletin Monitor
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$40 trillion; where does all that money go? - The Amelia Bulletin Monitor
Last week, I left you with a promise to explain the new Medicaid work requirements and—eventually— fraud. But this week’s news that our federal debt had passed $40 TRILLION dollars had me step back to look at our federal spending. The debt is now $116,500- $120,500/person. That’s also $306,810/household (130M US households) and $284,895/taxpayer (140M US filers). In the year 2000, our national debt was $5.67 trillion. In 2016, our debt passed $2…
·Amelia County, United States
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