When did the Debt pass the $7 trillion mark?
On January 15th 2004, the Outstanding Public Debt jumped $13 billion to $7,001,852,607,623.35. This was the first time in history the U.S. National Debt surpassed the $7 trillion mark and came less than two years after the Debt first passed $6 trillion. As a comparison, the National Debt took over six years to rise from $5 trillion to $6 trillion.
