Political Quotes

Jim Matheson: “since the start of the current administration in January of 2001, the national debt has increased by $1,639,772,884,702.…”

On the recordJuly 22, 2004
since the start of the current administration in January of 2001, the national debt has increased by $1,639,772,884,702. According to the Web site for the Bureau of the Public Debt at the U.S. Department of the Treasury, yesterday the Nation's total outstanding, privately held debt was $4,228,551,437,783. Foreign holdings of U.S. privately held debt now total $1.75 trillion. This is an increase of $740 billion since January of 2001, and it is 41 percent of all privately held U.S. debt. For the sake of our children and our grandchildren, the fiscal health of our country deserves far better care and attention from the White House and from this Congress.
Said by
Jim Matheson
Utah
Source
govinfo.gov

Editor's note · Context

Discussing the increase in national debt and its implications for future generations.

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