Ad
related to: interest on national debt clockusafacts.org has been visited by 10K+ users in the past month
Search results
Results from the WOW.Com Content Network
The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [83] Interest on the debt was $404 billion.
National Debt Clock. Coordinates: 40.7555°N 73.9848°W. The clock at its former location near Sixth Avenue and 44th Street in February 2017, at which time it read $19.9 trillion in national debt. The National Debt Clock is a billboard-sized running total display that shows the United States gross national debt and each American family's share ...
The National Debt Clock in New York (2009), an example for all other projects of that kind. A debt clock is a public counter, which displays the government debt (also known as public debt or national debt) of a public corporation, usually of a state, and which visualizes the progression through an update every second.
Intragovernmental debt accounts for about $6.8 trillion of the national debt, the CRFB reported in September when the debt crossed the $33 trillion mark. The much bigger piece of the debt is held ...
Here are a few ways to put the current level of U.S. debt, over $33 trillion, in perspective: It’s 22% higher than the U.S. gross national product as of June 30 (about $27 trillion). It’s six ...
Good luck! Consider the main categories of spending (citing the numbers in the Debt Clock): Medicare/Medicaid $1.8 trillion, Social Security $1.5 trillion, interest on the debt $.95 trillion ...
National Debt Clock outside the IRS office in NYC, April 20, 2012. Government debt accumulation may lead to a rising interest rate, [9] which can crowd out private investment as governments compete with private firms for limited investment funds. Some evidence suggests growth rates are lower for countries with government debt greater than ...
Still, the Congressional Budget Office warned in a June report that higher interest rates and the mounting national debt could lead the federal government’s net interest payments to spike to 6.7 ...
Ad
related to: interest on national debt clockusafacts.org has been visited by 10K+ users in the past month