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Getty Images, photo by Mark Wilson
Getty Images, photo by Mark Wilson

The U.S. Debt is at $16 Trillion, How Long Will it Take to Pay it Off?

The United States current debt is $16 trillion dollars, an amount no person on this planet has ever and will never amass as personal wealth. In layman’s terms, ‘that’s whole lotta money’. In 2008 the U.S. debt was $9.6 trillion and since then it has increased $6.4 trillion, the largest debt increase in U.S. history. How long will it take to payback such a huge amount of money? Here are some examples:

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