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In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [12] By November 2024, the debt had grown to $36 trillion. [13] [11] Debt to GDP
Already they are spending so much that they're increasing our debt by a trillion dollars every 100 days. ... If we didn't waste these trillion dollars on interest, we could give $3,000 tax cuts to ...
By 2009 this figure had risen to $7.8 trillion, but the federal government's debt-to-GDP ratio had fallen to 54.75%. [2] In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [24]
During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008. [ 34 ] [ 35 ] In the aftermath of the global financial crisis of 2007–08 and related significant revenue declines and spending increases, debt held by the public increased to $11.917 trillion ...
It’s six times the U.S. debt figure in 2000 ($5.6 trillion). Paid back interest-free at the rate of $1 million an hour, $33 trillion would take more than 3,750 years.
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 ...
In 2004, the clock was dismantled and a new one installed near 44th Street and Sixth Avenue. In 2008, the U.S. national debt exceeded $10 (~$14.00 in 2023) trillion, one more digit than the clock could display. The lit dollar-sign in the clock's leftmost digit position was later changed to the "1" digit to represent the ten-trillionth place.
Intragovernmental debt accounts for about $6.8 trillion of the national debt, the CRFB reported in September when the debt crossed the $33 trillion mark. The much bigger piece of the debt is held ...