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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 ...
A year ago, the U.S. national debt amounted to more than $33.8 trillion, according to Senate Republican Joint Economic Committee data. As of Dec. 24, 2024, the debt has climbed to nearly $36.3 ...
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. As of 2017 [update] , it is installed on the western side of the Bank of America Tower , west of Sixth Avenue between 42nd and 43rd Streets in Manhattan , New York City .
Net interest payments on the national debt exceeded $892 billion in the 2024 fiscal year. The IMF projects that by 2034, annual interest payments in the U.S. will hit $1.7 trillion and cumulative ...
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%).
National Debt Tracker: American Taxpayers (You) Are Now On The Hook For $36,189,345,826,140.62 As Of 12/18/24. Markowski said shutdown scares happen right around Christmastime every year, and he ...
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Germany, Munich: a debt clock has been running since 29 February 2008. [6] Germany, Bonn, Haus der Geschichte: this one displays the total debt, debt per second and per capita debt. Germany, Düsseldorf, City Hall: Düsseldorf is a city which has been debt-free since 12 September 2007 after the sale of a RWE block of shares. There, the elapsed ...