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The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. [8] Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [9]
Federal, State, and Local debt and a percentage of GDP chart/graph. Date: 13 February 2017: ... History of the United States public debt; National debt of the United ...
English: Time series of U.S. public debt overlaid with partisan affiliation of the White House. The upper graph shows the U.S. public debt in trillions of USD while the lower graph shows the U.S. public debt as a percentage of GDP. Debt for 2016 is estimated. (Data is from the FY 2017 U.S. Budget report, Table 7.1.
The milestone comes just three months after the US national debt surpassed $33 trillion, as the budget deficit — the difference between what the government spends and what it receives in taxes ...
The regions with the most debt. Plotting the debt data on a map reveals some striking geographic trends. Counties in the South and the Appalachian mountains tended to have very high delinquency rates.
As of April 2023, the U.S. national debt has reached a record high of more than $31.5 trillion.. Clearly, the government's increasing debt is not a new trend. To see how it got to this point ...
The Federal Government has over 6:1 debt to revenue ratio as of Q3 2022 Federal, State & Local debt almost $32 trillion in 2021. The history of the United States public debt began with federal government debt incurred during the American Revolutionary War by the first U.S treasurer, Michael Hillegas, after the
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...