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January 4, 2011
The latest posting today of the National Debt shows it has topped $14 trillion for the first time.
The U.S. Treasury website today reported that as of last Friday, the last day of 2010, the National Debt stood at $14,025,215,218,708.52.
It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. [Emphasis added] It also means the debt is fast approaching the statutory ceiling $14.294 trillion set by Congress and signed into law by President Obama last February.
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April 13, 2010
Do you suppose the American People don’t believe Nancy Pelosi?
Did they speak volumes to Pelosi on November 2, 2010?
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The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11
CRS Report for Congress
Prepared for Members and Committees of Congress
September 2, 2010
With the July 27, 2010 enactment of the FY2010 Supplemental Appropriations Act (H.R. 4899/P.L. 111-201) Congress has approved a total of $1.121 trillion for military operations, base security, reconstruction, foreign aid, embassy costs, and veterans’ health care for the three operations initiated since the 9/11 attacks: Operation Enduring Freedom (OEF) Afghanistan and other counter terror operations; Operation Noble Eagle (ONE), providing enhanced security at military bases; and Operation Iraqi Freedom (OIF).
Of this $1.121 trillion total, CRS estimates that Iraq will receive about $751 billion (67%), OEF $336 billion (30%) and enhanced base security about $29 billion (3%), with about $5 billion that CRS cannot allocate (1/2%). About 94% of the funds are for DOD, 5% for foreign aid programs and embassy operations, and 1% for medical care for veterans.
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
