Final Note

What’s the average citizen’s share of U.S. debt?

Jeremy Hobson Dec 27, 2011

This final note today — on the day that the Treasury Department told us the U.S. government is going to come within $100 billion of its debt limit this Friday.

I don’t have to explain the debt limit to you since we all got a crash course over the summer. This time, the White House is looking for a $1.2 trillion increase in the limit, and it appears getting that increase will be a lot easier than it was last time.

For the record, the nation’s borrowing limit would jump to $16.394 trillion.

Your share of that? $52,402.28, give or take.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.