[Congressional Record Volume 144, Number 89 (Wednesday, July 8, 1998)]
[Senate]
[Page S7677]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       THE VERY BAD DEBT BOXSCORE

  Mr. HELMS. Mr. President, at the close of business yesterday, 
Tuesday, July 7, 1998, the federal debt stood at $5,530,116,137,980.45 
(Five trillion, five hundred thirty billion, one hundred sixteen 
million, one hundred thirty-seven thousand, nine hundred eighty dollars 
and forty-five cents).
  One year ago, July 7, 1997, the federal debt stood at 
$5,355,915,000,000 (Five trillion, three hundred fifty-five billion, 
nine hundred fifteen million).
  Five years ago, July 7, 1993, the federal debt stood at 
$4,337,775,000,000 (Four trillion, three hundred thirty-seven billion, 
seven hundred seventy-five million).
  Ten years ago, July 7, 1988, the federal debt stood at 
$2,555,671,000,000 (Two trillion, five hundred fifty-five billion, six 
hundred seventy-one million).
  Fifteen years ago, July 7, 1983, the federal debt stood at 
$1,328,914,000,000 (One trillion, three hundred twenty-eight billion, 
nine hundred fourteen million) which reflects a debt increase of more 
than $4 trillion--$4,201,202,137,980.45 (Four trillion, two hundred one 
billion, two hundred two million, one hundred thirty-seven thousand, 
nine hundred eighty dollars and forty-five cents) during the past 15 
years.

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