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Blog Posts on national debt
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Wednesday, April 24, 2013 - 1:52 PMLast Thursday, the Bipartisan Policy Center’s (BPC) Health Care Cost Containment Initiative released a comprehensive plan to increase efficiency and reduce costs while reorienting the nation’s health care system to become more patient-centered. That combination would ideally lead not only to a more sustainable fiscal future but to better health... Read More
national debt Indicators
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U.S. Total National Debt
$16,737,328,238,148
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Projected Debt
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Projected Interest Costs
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Debt Owned By Foreigners
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Debt Held by the Public
$11,867,831,161,091
Projected Debt
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This graph depicts historical and projected data regarding the debt held by the public as a percentage of the U.S. Gross Domestic Product. While the debt reached a high of 108.7% of GDP in 1946, it is projected to exceed that percentage in about a decade.
OMB Historical Tables 2011 and GAO Analysis Fall 2011
About the Issue
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The national debt has grown significantly in recent years due to rising annual deficits. A deficit occurs in any year the government spends more...