The Spectacle Blog

A New High (Or Low): National Debt Exceeds $16 Trillion

By on 9.4.12 | 4:59PM

CNBC just reported that the national debt has exceeded $16 trillion in the past hour. (Although my favorite debt clock web site still shows a few minutes to go, the Department of the Treasury's site confirmes the dubious new record.)

On the first day of the Democratic National Convention. How utterly appropriate.

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