[Congressional Record Volume 149, Number 107 (Friday, July 18, 2003)]
[House]
[Page H7114]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NATIONAL DEBT INCREASING
(Mr. STENHOLM asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. STENHOLM. Mr. Speaker, it has been 798 days since President Bush
and the Republican Party embarked on their economic plan for our
country. During that time, the national debt has increased by
$1,078,466,570,109. According to the Web site for the Bureau of Public
Debt at the U.S. Treasury Department, yesterday at 4:30 p.m. Eastern
Standard Time the Nation's outstanding debt was $6,718,791,956,467.
Furthermore, in fiscal year 2003, interest on our national debt, or the
``debt tax,'' is $277,768,492,816 through June 30.
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