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Bottom line: Taxpayers are now on the hook for a record $59.1 trillion in liabilities, a 2.3% increase from 2006. That amount is equal to $516,348 for every U.S. household. By comparison, U.S. households owe an average of $112,043 for mortgages, car loans, credit cards and all other debt combined.

link: (http://www.usatoday.com/printedition/news/...)
submitted by: oliver   May 30, 2007
category: News keywords: government, liabilites, owe, usa
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