by Calculated Risk on 1/03/2006 07:25:00 PM
Tuesday, January 03, 2006
Fiscal 2006: Record YTD Increase in National Debt
After three months, Fiscal 2006 continues to set new records for the YTD increase in National Debt. For the first three months of fiscal year 2006, the National Debt increased $237.7 Billion to $8.17 Trillion as of Dec 30, 2005.
Click on graph for larger image.
The previous record for the first three months was in fiscal 2004 with an increase in the National Debt of $218.1 Billion.
Each month I will plot the YTD increase in the National Debt and compare it to the proceeding years. I expect fiscal 2006 to set a new record for the annual increase in the National Debt.