Federal debt now surpasses more than $13 trillion — or about $107,000 per U.S. household, according to a new report from the Cato Institute. The libertarian think tank’s report, titled “Washington’s Largest Monument: Government Debt,” suggests that mounting national deb...
Federal Debt Is Now $107,000 Per Household
International Business Times, The Raw Story
Tue, 09/15/2015 - 4:58am
BING NEWS:
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None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.
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- Understanding the National Debt | U.S. Treasury Fiscal Data
The national debt is the amount of money the federal government has borrowed to cover the outstanding balance of expenses incurred over time. In a given fiscal year (FY) , when spending (ex. money for roadways) exceeds revenue (ex. money from federal income tax), a budget deficit results.
12/3/2024 - 3:07 pm | View Website - U.S. National Debt by Year
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. Recessions, defense budget growth, and tax cuts have all caused the national debt-to-GDP ratio to rise to record levels.
12/3/2024 - 5:56 am | View Website - Federal Debt: Total Public Debt as Percent of Gross Domestic Product ...
View the ratio of federal debt to the economic output of the U.S., which can indicate economic health and the sustainability of government borrowing.
12/2/2024 - 8:59 pm | View Website - Federal Debt: Total Public Debt | FRED | St. Louis Fed
Graph and download economic data for Federal Debt: Total Public Debt from Jan 1962 to Nov 2024 about public, debt, federal, government, USA, 10-year, maturity, Treasury, interest rate, interest, and rate.
12/2/2024 - 4:13 pm | View Website - National debt of the United States
The federal government has a 6.75 to 1 debt to revenue ratio as of Q2 2023. The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders.
12/2/2024 - 1:21 pm | View Website - More
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