by Calculated Risk on 4/03/2006 04:30:00 PM

Another month, another record increase in the National debt.

UPDATE: For a related post, see pgl's Snow Must Go.


Click on graph for larger image.

For the first six months of the 2006 fiscal year (starts Oct 1st), the National Debt has increased $438.4 Billion. The previous record was $397.8 Billion for the first six months of fiscal 2005.

"The U.S. budget deficit is falling, and it is falling fast."
Joshua Bolten, July 14, 2005, as OMB Director (soon to be Chief of Staff)