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As of September 2024, the U.S. national debt was over $35.27 trillion. Tax cuts, stimulus programs, and increased government spending on defense can cause the national debt to rise...
The U.S. national debt climbed to $34 trillion for the first time in December 2023, up from about $31.42 trillion one year earlier. The debt-to-GDP ratio gives insight into whether the U.S. can cover all its debt.
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. From January 1842 until 1977, the fiscal year began in July.
Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q2 2024 about public, debt, federal, government, and USA.
The national debt has grown by $30.71 trillion since 1993, and nearly $16.79 trillion in the last decade. [1] The largest national debt increases followed the Great Recession in 2008 and the COVID-19 pandemic in 2020.
The national debt ($35.32 T) 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. X (Twitter) LinkedIn. Key Takeaways.
The national debt of the United States has doubled over the last decade, exceeding 34 trillion U.S. dollars, or 93,500 U.S. dollars per person, in 2024.