Since the global economy hit rock bottom in 2008, US federal debt - TopicsExpress

Since the global economy hit rock bottom in 2008, US federal debt has gone through the roof, increasing from $5 trillion to an estimated $12 trillion in 2013. Meeting the interest payments alone on that debt burden presents a formidable challenge for US taxpayers: In addition to the debt, Americans must pay back around $220 billion annually just in interest. rt/usa/us-debt-study-hamilton-economy-103/

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