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Congress Agrees on a Tax Bill. What Does Proposed Tax Bill Mean for Older Americans? Learn More.

 
National Debt Glossary

How much has the public debt increased in recent years?

The public debt has increased by more than $500 billion each year since fiscal 2003, with increases of $1 trillion in fiscal 2008, $1.9 trillion in fiscal 2009 and $1.7 trillion in fiscal 2010.

SOURCE: Treasury Department

 

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