The refinancing plan was ultimately completed about six months later, with a new debt approaching $50 million.

Even in 1992 a foreign debt approaching $1 trillion would be only 15 percent of the American G.N.P., he said.

During the Bush Administration, the national debt, now approaching ten trillion dollars, has nearly doubled.

Yeovil, meanwhile, have debts approaching £750,000 following a move to a new 10,000 capacity ground two years ago from their famous Huish slope.

In 1875, with his debts approaching £300,000, he was facing insolvency and was forced to sell substantial amounts of land to pay off his creditors.

With its debts approaching $17.85 billion, KPN's shares have fallen 64 percent this year.

More than half of America's college students take out education loans, with an average debt approaching $10,000.

We now have a national debt approaching $2.8 trillion, or more than $20,000 for each American family of four.

Now, with Jordan's total foreign debt approaching $8 billion, its leaders are seeking further forgiveness from Western creditors.

"With our national debt approaching $15 trillion, it is imperative that we take action to get our fiscal house in order," Schilling said.