Oct 25, 2010

3 Trillion

(CNSNews.com) - It's official: The Obama administration has now borrowed $3 trillion, according to the U.S. Treasury Department.

It took from 1776, when the United States became an independent country, until 1990, the year after the Berlin Wall fell signaling victory in the Cold War, for the federal government to accumulate a total of $3 trillion in debt, according to the Treasury Department. It only took from Jan. 20, 2009, the day President Barack Obama was inaugurated, until Oct. 15, 2010, for the Obama administration to add $3 trillion to the federal debt.

The overall debt of the federal government, according to the Treasury Department, is now $13.666 trillion.

Yep, started with Bush, and was accelerated downhill with no breaks by Pelosi/Reed and Mr. Obama.

Now here's an illustration that compares the built of an average human being against a stack of $100 currency notes bundles.

dollar currency notes

A bundle of $100 notes is equivalent to $10,000 and that can easily fit in your pocket. 1 million dollars will probably fit inside a standard shopping bag while a billion dollars would occupy a small room of your house.

With this background in mind, 1 trillion (1,000,000,000,000) is 1000 times bigger than 1 billion and would therefore take up an entire football field – the man is still standing in the bottom-left corner.

trillion dollars

Related: Visualize Units of Measurement

The United States has borrowed three of these.

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