June 23, 2017

What is the Total U.S. National Debt?

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This number is the nation's gross national debt. It represents the accumulation of the U.S. government's yearly deficits. It is the combination of the debt held by the public and the intragovernmental debt the government owes itself in various trust funds (including the Social Security trust fund).

Treasury Direct, 6/21/2017

About the Issue

  • The national debt has grown significantly in recent years due to rising annual deficits. A deficit occurs in any year the government spends more...

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