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US National Debt Clock : Real Time U.S. National Debt Clock
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.
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 $35 trillion (and growing) gross federal debt equals debt held by the public plus debt held by federal trust funds and other government accounts. Learn more about different ways to measure our national debt.
The national debt grew $2.41 trillion over the last 365 days, an increase of about $6.6 billion a day. The national debt must remain below the debt ceiling, a limit imposed by Congress on the amount the federal government can borrow.
By the end of FY 2023, total federal debt was $33.1 trillion. 79% was debt owed to investors (debt held by the public) and 21% was debt the government owed itself (what Treasury owes to other parts of the government).
Time is running out for Congress to raise the nation’s debt limit, which controls how much money the government can borrow to pay its bills. Lawmakers will need to reach a bipartisan agreement...
The terms deficit and debt are frequently used when discussing the nation’s finances and are often confused with one another. To pay for a deficit, the federal government borrows money by selling Treasury bonds, bills, and other securities.The national debt is the accumulation of this borrowing along with associated interest owed to the investors who purchased these securities.
This dataset provides high-level information on the federal government’s outstanding debts, holdings, and the statutory debt limit on a monthly basis.
Units: Percent of GDP, Not Seasonally Adjusted. Frequency: Annual. Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) was first constructed by the Federal Reserve Bank of St. Louis in January 2013. It is calculated using Gross Federal Debt (FYGFD) and Gross Domestic Product (GDPA): GFDGDPA188S = (FYGFD/GDPA)*100.