
The school's fiscal 2012 Annual Report of the USA, which examines the federal budget, put the total debt at $16.7 trillion. But that's such a big number that the student authors tried to put it in perspective.
For example, that $16.7 trillion, which would go up under Obama’s debt ceiling plan the House and Senate are considering, is equal to:
– About $53,000 per every inhabitant of the United States, including children and the unemployed
– $123,000 if averaged out to employed Americans
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