The United States owes more than $36 trillion. Washington now spends close to $2 trillion more each year than it collects in ...

Fact checked by Stella Osoba The U.S. national debt just cleared a record $36.2 trillion—more than the annual output of China ...

The CBO estimated that gross national product (GNP) per person, a measure of average income, is about $84,400 this year. If the debt is stable relative to the size of the economy at 99% ...

This equates to an average debt of about $103,000 per U.S. citizen and about ... However, during the most recent decades, the national debt has increased every year, regardless of economic or ...

In the months following the outbreak, the national ... year. In 2022, the budget deficit is expected to be about $1 trillion. Some experts believe $1 trillion per year in new debt is the floor ...

Persistent budget deficits combined with a big jump in interest rates translate into a rapidly rising cost of servicing the national ... debt service is now running at more than $1 trillion per ...

Over the past year, the debt has increased by nearly $8.5 billion per day, a pace that poses significant risks to the nation’s economic stability. As of March 18, 2024, the total national debt ...

“The national debt ... for the given year; below it, the accumulated debt on our national credit card. It’s designed to be user-friendly and, unlike most other charts, free of the political ...

The national debt has increased $4.7 trillion since Biden took office in January 2021, and is expected to keep rising in the face of annual budget shortfalls of at least $1 trillion per year.

His administration increased our debt by almost $8 trillion. This will not end well. Last year, we hit a new ugly milestone: Americans must pay $1 trillion per year just for interest on our debt.

Here are five charts that point ... grow 6.2% over the last year to hit $7.8 trillion, per Janus Henderson. The public debt picture looks even worse. The national debt balance blew past $32 ...

The Treasury Department reported last month that the nation closed its fiscal year with the national debt having reached ... earning more than $86,000 per year. To manage the budget deficit ...