In an article from Reuters, David Lawder reports that a new U.S. Treasury report of cash holdings, “The Financial Report of the United States,” shows that the U.S. government went into greater debt in fiscal year 2010 to the tune of additional $2 trillion. Unfortunately, the report does not include the massive land, minerals,…
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Just this past summer, the amount of the U.S. budget deficit would be for Fiscal Year 2010 was, at that time, estimated to be 1.47 trillion dollars, which is a big number. So big, in fact, that the Washington Post’s Ariana Eunjung Cha did some math to express that 1,470,000,000,000 figure into more familiar…
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