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Were Trillionaires It Works 2 Ways
AP dispatch reports that the U S total debt tops one trillion dollars, while individuals show assets around 1.566 trillion. Secretary Dillon notes rising private debt and federal state local debts, but highlights strong personal income and savings as of mid 1961 with assets from securities, cash deposits, and reserves.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Secretary of the Treasury
Dougal Dillon
America
U.S
Dillon
Securities and Exchange Commission
Federal Reserve Board
Department of Commerce