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From: Peter G. Peterson Foundation
America's national debt has punched a new hole in the stratosphere. This week, the national debt clocked in at $11,033,157,578,669.78 - crossing the $11 trillion mark for the first time.
Unnerving as that is, if you consider the government's off-the-balance sheet liabilities and unfunded retirement and health care obligations, $11 trillion is just the tip of the iceberg. The real national debt is actually $56 trillion, or $483,000 per U.S. household.
Numbers these large can be hard to track. That's why PGPF has made it easier for everyone to keep a handle on our nation's financial obligations every day. Here's how:
- Follow the National Debt on Twitter.
Are you following the national debt on Twitter? If not, join the more than 5,000 people worldwide who are getting daily updates of the national debt as reported by the U.S. Treasury Department. Visit http://www.twitter.com/nationaldebt to start following the national debt today. - Follow the National Debt on Facebook.
Today, PGPF is excited to announce that we've brought the national debt to Facebook. Just by visiting the national debt fan page and "becoming a fan," you'll receive daily Facebook updates of the Treasury Department's numbers. Not only that, you'll also be able to connect with other Facebook "fans" of the national debt from across the world. Just visit the national debt on Facebook to get started.
And once you're following the debt via Facebook or Twitter, don't stop there - get your friends and family to do it as well. The more people who follow our exploding debts, the more awareness there will be, and the better our chance to finally wake up America to this growing problem. So please take a minute right now to forward this email to as many friends and family as possible.
America's federal financial burden is growing larger every day - don't let it out of your sight! Get your friends and family together, and start following the national debt on Twitter and Facebook today.