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Biden has overseen mounds of new red ink but has also overseen decreasing deficits, with the US running a $1.7 trillion deficit in fiscal year 2023 and on pace for a slightly better result this year.
The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.
The national debt hit a record $35 trillion this year. Our national debt has been growing almost continuously for at least 70 years under both parties. Despite their words, to date, politicians ...
United States balance of trade (from 1960), with negative numbers denoting a trade deficit; The national debt was up to $80,885 per person as of 2020. [153] The national debt equated to $59,143 per person U.S. population, or $159,759 per member of the U.S. working taxpayers, back in March 2016. [154]
Over the last 30 years, the nation's debt has skyrocketed from almost $10 trillion in 1994 to over $35 trillion in 2024, according to recent data from the Department of the Treasury. The federal ...
The national debt is over $36 trillion, currently on pace to surpass $37 trillion later this year. According to the Peterson Foundation, the debt amounts to a national debt burden of more than ...
As America's national debt nears the $35 trillion mark, ... The United States's public debt is an issue ... It reported debt held by the public will rise from 99% of GDP this year to 122% by 2034 ...
The federal government's gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America's balance sheet in the ...