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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 of the debt.
According to the OECD, general government gross debt (federal, state, and local) in the United States in the fourth quarter of 2015 was $22.5 trillion (125% of GDP); subtracting out $5.25 trillion for intragovernmental federal debt to count only federal "debt held by the public" gives 96% of GDP.
The first debt clock, the United States' National Debt Clock, was installed in 1989 at the intersection of 42nd Street and Sixth Avenue on the initiative of real estate developer Seymour Durst. It was relocated in 2004 to 1133 Sixth Avenue, [1] [2] and then again relocated in 2017 to the east wall of the arcade, which connects West 42nd and ...
Washington's borrowing addiction is starting to cause real-world pain for borrowers and ... US debt clock on Monday, Oct. 30, 2023. ... Queen Camilla speaks out for first time on recovery after ...
The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.
The U.S. government will pay close to $900 billion this year just in interest payments on the national debt. The national debt is over $34 trillion. It’s time to tell the truth about the U.S ...
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 ...
Articles relating to the national debt of the United States, the total national debt owed by the federal government of the United States to Treasury security holders. The national debt at any point in time is the face value of the then outstanding Treasury securities that have been issued by the Treasury and other federal government agencies.