America Is Going Broke

January, 1976

America is Going BrokeThe largest national debt of any country in the world is that of the U. S., where the gross Federal public debt reached 486.4 billion dollars on June 30, 1974. This is expected to climb to 508 billion dollars by June 30, 1975. This amount in dollar bills would make a pile 30,073 miles high, weighing 428,102 tons.--The Guinness Book, of World Records, 1975The Guinness Book is wrong. Though the national debt exceeded the 508 billion dollars estimated for June 1975 and has bee...