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Bookmark or Share- What is the US national debt and how has it grown over time? - USAFactsUnder President Donald Trump, the national debt grew from $19.96 to $27.77 trillion, a 39.1% increase. As of March 1, 2023, the national debt has grown from $27.77 trillion to $31.46 trillion under President Joe Biden, a 13.3% increase. The national debt grew by more than $4 trillion in 2020 alone.
- U.S. National Debt Clock : Real TimeUS National Debt Clock : Real Time U.S. National Debt Clock
- US national debt hits record $34 trillion | AP NewsBy FATIMA HUSSEIN and JOSH BOAK. Updated 4:12 PM PDT, January 2, 2024. WASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet in the coming years.
- National debt of the United States - WikipediaTotal US federal government debt breached $30 trillion mark for the first time in history in February 2022. [6] As of December 2023, total federal debt was $33.1 trillion; $26.5 trillion held by the public and $12.1 trillion in intragovernmental debt. [7]
- Understanding the National Debt | U.S. Treasury Fiscal DataThe national debt is the amount of money the federal government has borrowed to cover the outstanding balance of expenses incurred over time. In a given fiscal year (FY), when spending (ex. money for roadways) exceeds revenue (ex. money from federal income tax), a budget deficit results.
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