National Debt Grows $1 Million a Minute By TOM RAUM,AP Posted: 2007-12-03 12:16:45 Filed Under: Business News, Nation News, Politics News WASHINGTON (Dec. 3) - Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day - or nearly $1 million a minute.
The national debt is $9.13 trillion, about$30,000 for every person in the U.S. The total is worrisome because interest payments on the debt strain government resources -- and things could get worse if the economy slows down, as some economists predict. http://news.aol.com/story/_a/national-debt-grows-1-million-a-minute/20071203092309990001?ncid=NWS00010000000001
