[Congressional Record Volume 150, Number 101 (Tuesday, July 20, 2004)]
[House]
[Pages H5989-H5990]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NATIONAL DEBT RISES
(Mr. ALEXANDER asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. ALEXANDER. Mr. Speaker, it has been 1,167 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
$1,663,467,070,131.85.
According to the Web site for the Bureau of Public Debt at the
Treasury Department, yesterday the Nation's outstanding privately held
debt was $4,228,533,122,486.63.
Foreign holdings of U.S. privately held debt now total $1.75
trillion. This
[[Page H5990]]
is an increase of $740 billion since January of 2001 and is 41 percent
of all privately held debt.
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