In response to:

$16,000,000,000,000

Gerald163 Wrote: Sep 05, 2012 8:59 AM
Congress, not the president, appropriates the money.

According to the Treasury Department, the U.S. National Debt has topped $16 trillion. Here's a visual courtesy of USDebtClock.org.

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So what exactly does this mean?

Just under $5 trillion of the national debt is owed to the Social Security Trust Fund and federal pension systems. A little more than $11 trillion is owed to foreign and domestic...

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