Sorry kids but America had a bad month in October. Here’s a pile of debt to go with that pile of Halloween candy. Yeah enjoy the candy now. You’re not going to have much money for Tootsie Pops when you get older.
(From CNS News)
The debt of the federal government, which is normally subject to a legal limit, jumped by $409 billion in the month of October, according to the U.S. Treasury.
That equals approximately $3,567 for each household in the United States, and is the second-largest one month jump in the debt in the history of the country.