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November 2015 Sees Record Debt Bounce


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As has been earlier reported here, the debt ceiling jumped dramatically the day after the debt ceiling was lifted on November 2nd ($339 billion) and continued to soar all month.

By the end of the month, the debt had doubled, adding another $335 billion. All in all, $674 billion in US debt had accumulated, making the total US debt a staggering $18.827 trillion.

Also noted by Zerohedge, the debt was $10.6 trillion on January 21, 2009, on the day President Obama took office. The total debt is now up just over 77% under Obama’s tenure, to $18.8 trillion.