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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] In 2008, $242 billion was spent on interest payments servicing the debt, out of a total tax revenue of $2.5 trillion, or 9.6%. Including ...
The milestone comes just three months after the US national debt surpassed $33 trillion, ... And it’s nearly double what it was in fiscal year 2020. ... The Today Show.
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
The U.S. government’s gross national debt has surpassed $34 trillion, a new record. ... down from nearly 100% in 2020. The U.S. Office of Management and Budget expects this figure to continue to ...
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 ...
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 ...
This is a list of countries by estimated future gross [clarification needed] central government debt based on data released in October 2020 by the International Monetary Fund, with figures in percentage of national GDP.
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...