[Congressional Record Volume 142, Number 104 (Tuesday, July 16, 1996)]
[Senate]
[Pages S7884-S7885]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       THE VERY BAD DEBT BOXSCORE

  Mr. HELMS. Mr. President, 4 years ago when I commenced these daily 
reports to the Senate it was my purpose to make a matter of daily 
record the exact Federal debt as of the close of business the previous 
day.
  In my very first report on February 27, 1992, the Federal debt the 
previous day stood at $3,825,891,293,066.80, at the close of business. 
The Federal debt has,

[[Page S7885]]

of course, shot further into the stratosphere since then.
  Mr. President, at the close of business yesterday, Monday, July 15, a 
total of $1,330,422,366,347.75 had been added to the Federal debt since 
February 26, 1992, meaning that the exact Federal debt stood at 
$5,156,313,659,414.55. On a per capita basis, every man, woman, and 
child in America owes $19,435.50 as his or her share of the Federal 
debt.

                          ____________________