US has nearly 62 trillion on govt credit card

Tuesday, June 07, 2011

The government credit card is maxed out, with nearly $62 trillion in finacial obligations that remain unpaid.  This translates to $534,000 per household.  USA TODAY reports that's "more than five times what Americans have borrowed for everything else -- mortgages, car loans and other debt."  To learn more about this, click here.

 

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