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US households already went off their fiscal cliff


By usmb3   Follow   Sat, 8 Dec 2012, 5:21am PST   273 views   0 comments
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http://www.mybudget360.com/us-households-fiscal-cliff-debt-ceiling-2012-peak-debt/?source=Patrick.net

Total public outstanding debt is now at $16.369 trillion and is only $63 billion away from breaching the limit. Not a coincidence that the fiscal cliff is also on the horizon. In essence, we are addicted to debt.

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