U.S. per capita government debt worse than Greece
Via the Washington Examiner:
According to a new analysis by the office of Sen. Jeff Sessions, R-Ala., ranking member on the Senate Budget Committee, the United States has a higher per capita debt burden than any European country, including riot-ridden Greece.
Using the most recent data available from the International Monetary Fund, the Senate Budget Committee found that U.S. federal government debt per capita is nearly $45,000. That is almost 15 percent higher than the per capita debt burden of Greece ($38,937).
The Senate Budget Committee also notes that our debt per capita would rise to $75,000 by 2020 if President Obama's budget became law.
Earlier last month, the U.S. government's total out standing debt, $15,419,800,222,325, surpassed the nation's gross domestic product ($15,294,300,000,000).