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A Billion Here...A Billion There....

On January 1, 1816, public debt of the United States first exceeded $100 million (it was actually $127,334,933.74).

On July 1, 1862, public debt of the United States first exceeded $500 million (it was actually $524,176,412.13).

On July 1, 1863, public debt of the United States first exceeded $1 billion (it was actually $1,119,772,138.63).

Question: Based on the above data, what would you predict to be the public debt of the United States today? Justify.



Note: If you want to check out the actual value "at this instant," consult the National Debt Clock .