VIDEO: U.S. Debt Hits $16 Trillion

The United States has come upon a milestone, but it’s not a happy one. The national debt reached $16 trillion dollars on Tuesday. This new figure is 104% of the United States gross domestic product, and the debt continues to grow at an average of $2 million a minute. According to Fox News, the primary holders of the United States’ Debt are American investors and future retirees, bearing two-thirds of the bill. China, our greatest foreign debt holder, accounts for only 8% of the total debt. For more news and analysis follow us on twitter @fnnonline or check out our website at fnno.com.

FX_Trdr