US Budget & Debt

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“Why is it inflationary if the people keep their own money, and spend it the way they want to, [but] not inflationary if the government takes it and spends it the way it wants to?”
~ Ronald Reagan

“The problem is not that people are taxed too little, the problem is that government spends too much.”
~ Ronald Reagan

U.S. NATIONAL DEBT CLOCK This debt clock is maintained by Ed Hall. It was last calibrated using information obtained from the U.S. Department of the Treasury dated 27 August 2003. Population figures are derived from the U.S. Bureau of the Census' Population Clock.

U.S. Department of the Treasury's Bureau of the Public Debt provides daily, monthly, and yearly figures for the Debt--to the penny!

The interest expense on the National Debt is the second largest expense in the federal budget. *Second only to income redistribution.

Proposed 2004 Budget and other helpful links

The Federal Budget online [Office of Management and Budget] These are all in PDF format.

Citizens Against Government Waste (CAGW) is a private, non-partisan, non-profit organization representing more than one million members and supporters nationwide. CAGW's mission is to eliminate waste, mismanagement, and inefficiency in the federal government. Founded in 1984 by the late industrialist J. Peter Grace and syndicated columnist Jack Anderson, CAGW is the legacy of the President's Private Sector Survey on Cost Control, also known as the Grace Commission.

Budget Explorer, The Complete U. S. Budget

Bureau of the Public Debt is the government agency responsible for management of the National Debt. The Bureau's site includes a calculation of the current National Debt to the penny.

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