Product (GDP). However, at ChartingTheEconomy.Com we believe that measuring the Federal Debt
as a percentage of annual tax receipts (the U.S. Government's revenue) is more relevant.
In 2004 the Federal Debt was nearly four times annual tax receipts. As of the end of the 2004 fiscal
year, it would require the Federal Government to apply all tax receipts for four years to nothing other
than paying off the debt in order to bail itself out. And this doesn't include additional interest
expenses that accrue during the four year pay off period.