AMERICAN NATIONAL DEBT
WEARING STATUTORY LIMIT WASHINGTON, Feb. 5. A Treasury report shows that the National Debt on January 31 exceeded 60,000,000,000 dollars. This almost reaches the statutory limit of 65,000,000,000 dollars, and therefore the Treasury must very soon ask Congress to enlarge the debt limit. Some informed circles predict that the Government will request at least an extension to 100,000,000,000 dollars, while others express the opinion that the request will be to drop limitations altogether in view of the unpredictable increase in war costs.
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Otago Daily Times, Issue 24835, 7 February 1942, Page 6
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85AMERICAN NATIONAL DEBT Otago Daily Times, Issue 24835, 7 February 1942, Page 6
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