WebJan 18, 2023 · Sources. The U.S. national debt was over $31 trillion in 2022. In 1930, it was just $16 billion. The biggest impacts have been defense spending, recessions, and recently, the pandemic.
WebJan 4, 2024 · The U.S. national debt passed $33.99 trillion in January 2024. Tax cuts, stimulus programs, and increased government spending on defense can cause the national debt to rise sharply.
Web01/01/1790 — 09/30/2023 Released Annually Last Updated 10/03/2023. Historical Debt Outstanding is a dataset that provides a summary of the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year. Between 1789 and 1842, the fiscal year began in January.
WebThe national debt equated to $59,143 per person U.S. population, or $159,759 per member of the U.S. working taxpayers, back in March 2016. [153] In 2008, $242 billion was spent on interest payments servicing the debt, out of a total tax revenue of $2.5 trillion, or 9.6%.
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United States National Debt 2016 | countryeconomy.com
WebThe national debt increased in United States. In 2016 United States public debt was 20,032,860 million dollars, has increased 893,360 million since 2015. This amount means that the debt in 2016 reached 107.16% of United States GDP, a 2.03 percentage point rise from 2015, when it was 105.13% of GDP.
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What is the US national debt and how has it grown over time?
WebMay 2, 2023 · Under President Donald Trump, the national debt grew from $19.96 to $27.77 trillion, a 39.1% increase. As of March 1, 2023, the national debt has grown from $27.77 trillion to $31.46 trillion under President Joe Biden, a 13.3% increase.
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National debt of the U.S. - statistics & facts | Statista
WebFeb 22, 2024 · Published by Statista Research Department , Feb 22, 2024. Subscribe. Editor’s Picks. Overview. Holders of government debt. Debt forecast. Budget deficit. State and local government debt....
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Understanding the National Debt | U.S. Treasury Fiscal Data
WebOverview. Revenue. Spending. Deficit. Debt. What is the national debt? The national debt is the total amount of outstanding borrowing by the U.S. Federal Government accumulated over the nation’s history. Updated daily from the Debt to the Penny dataset. Key Takeaways.
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The National Debt, Visualized - The Wall Street Journal
WebAug 3, 2019 · The U.S. was born already in debt and has been in debt for most of its history. Yet, the national debt is rising at levels never seen before during peace time. Total U.S. federal debt ...