This afternoon, a congressional office asked me what the estimated national debt in President Obama’s fiscal year 2010 budget submission would be on a per‑U.S.-household basis. I think the answer is worth sharing with C@L readers:


According to the president’s budget, the estimated national debt (debt held by the public) in fiscal year 2010 would equal approximately $81,000 per U.S. household.


But no worries, “we owe it to ourselves”!