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Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That's a debt load ...
Although the federal government has not revealed plans to issue any further stimulus checks, several states are issuing tax refunds to residents as a result of surplus budget funds in 2022 ...
It reported debt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous high of 106% in 1946, at the end of the Second World War. Cuts vs growth
Many of us go about our daily lives -- and handle our personal finances -- without thinking about the national debt, which, as of Sept. 15, 2024, exceeds $35 trillion. It's a number so ...
Political debates about the United States federal budget discusses some of the more significant U.S. budgetary debates of the 21st century. These include the causes of debt increases, the impact of tax cuts, specific events such as the United States fiscal cliff, the effectiveness of stimulus, and the impact of the Great Recession, among others.
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.
As of October 2018, foreigners owned $6.2 trillion of U.S. debt, or approximately 39% of the debt held by the public of $16.1 trillion and 28% of the total debt of $21.8 trillion. [43] In December 2020, foreigners held 33% ($7 trillion out of $21.6 trillion) of publicly held US debt; of this $7 trillion, $4.1 trillion (59.2%) belonged to ...
Americans across the board are feeling the adverse side effects of inflation, with many of them slumping deeper into debt as a result. To help see taxpayers through these tough times, some states ...