Financial crisis will add £1.5 trillion to national debt
The Official for National Statistics said today that the financial crisis is likely to add up to £1.5 trillion to the national debt.
The US national debt hit a record $15 trillion on Wednesday, the Treasury Department said, but at this point, any penny higher than the $14.3 trillion that forced Congress to a made-for-Jersey Shore debt ceiling debate in the summer is going to be a record breaker.