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The United States has the largest external debt in the world. The total amount of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020.Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [7]
The appointment of electors is a matter for each state's legislature to determine; in 1872 and in every presidential election since 1880, all states have used a popular vote to do so. The 1824 election was the first in which the popular vote was first fully recorded
A map of voter turnout during the 2020 United States presidential election by state (no data for Washington, D.C.) Approximately 161 million people were registered to vote in the 2020 presidential election and roughly 96.3% ballots were submitted, totaling 158,427,986 votes. Roughly 81 million eligible voters did not cast a ballot. [3]
According to the Peterson Foundation, the debt amounts to a national debt burden of more than $106,000 per person. In December 2023, The Center Square reported the national debt burden had ...
Total public debt outstanding — $30,012,386,059,238.29 as of Monday — has risen by nearly $7 trillion since the start of 2020, and the debt as a share of the economy topped 100% in 2020 ...
According to the Congressional Budget Office, the United States last had a budget surplus during fiscal year 2001, though the national debt still increased. [47] From fiscal years 2001 to 2009, spending increased by 6.5% of gross domestic product (from 18.2% to 24.7%) while taxes declined by 4.7% of GDP (from 19.5% to 14.8%).
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 national debt eclipsed $34 trillion several years sooner than pre-pandemic projections. The Congressional Budget Office’s January 2020 projections had gross federal debt eclipsing $34 ...