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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.
In total, the national debt has ballooned by more than 70% over the last 7.5 years, fueled by a flood of new spending as well as these obligations stretching back decades.
Over the last 30 years, the nation's debt has skyrocketed from almost $10 trillion in 1994 to over $35 trillion in 2024, according to recent data from the Department of the Treasury. The federal ...
United States balance of trade (from 1960), with negative numbers denoting a trade deficit; 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]
As America's national debt nears the $35 trillion mark, ... 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 ...
America is now almost $35 trillion in debt. That means every American owes $100,000. ... Americans must pay $1 trillion per year just for interest on ... "We've got to deal with this big long-term ...
The CRFB estimates that this full suite of ideas would increase deficits by $1.7 trillion over the coming decade. The most expensive item is a $1.2 trillion expansion of the child tax credit while ...
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 ...