Almost 4 years ago I commenced these daily reports to the Senate to make a matter of record the exact Federal debt as of close of business the previous day. In that report of February 27, 1992, the Federal debt stood at $3,825,891,293,066.80, as of close of business the previous day. The point is, the Federal debt has increased by $1,162,604,087,046.50 since February 26, 1992. As of the close of business Tuesday, January 2, the Federal debt stood at exactly $4,988,495,380,113.30. On a per capita basis, every man, woman, and child in America owes $18,936.41 as his or her share of the Federal debt.
William Helms: “Almost 4 years ago I commenced these daily reports to the Senate to make a matter of record the exact Federal debt as of…”
Editor's note · Context
Discussing the increase in the Federal debt over nearly four years.
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