Real Time US Debt Clock Real Time US National Debt Clock

Us Debt Clock

What Is the US National Debt Clock

US 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.
(Source: Wikipedia)

The government is responsible for almost $60 trillion, mostly of this debt. Of that debt, $45 trillion is the national debt. However, every parent has a piece of Uncle Sam. So the federal government is forced to pay their children's debts.

We get this line of reasoning after a little math:

Here are all of the debt incurred during the federal government in FY '14, including interest and interest rate payments. The cost of living expenses and income is the first cost of living expense borne by the government, followed by the cost of living expense.
(Source: Treasury website)

This is the total federal debt: roughly $61 trillion over the next decade.

It's not enough for an average American family, but it's enough for us. If you look back at government debts, they have changed over the decades.

But the biggest problem with the financial system is its massive national debt, which hovers at over $21 trillion in today's dollars. Only 12%, or about 3% of all Americans, are currently receiving their annual income from the government. The resulting national debt is roughly equal to $36 trillion in today's dollars.

The government's main revenue stream, the Department of Defense, relies on its soldiers, sailors and airmen. Yet every year, the United States government spends more than it earns from military hardware and equipment. A recent study from the Federal Reserve Bank of St. Louis in August put the debt at $27 trillion (up from $15 trillion in 2011 dollars) for every dollar earned from the military. The problem is that the military, no matter how well trained they are, is still spending far less money on equipment than it did in 2009.

US National Debt

US National Debt

The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders. (Source: Wikipedia)

The debt of the United States to foreign governments and private investors consists of bonds issued by the United States Treasury, which are insured against future inflation and hence against interest, for the years 1937-1945. During the period of the Great Depression, the federal government has been charged with paying out the national debt to Treasury securities holder organizations, and this debt is called Treasury securities, or Treasury bonds. Treasury securities include Treasury securities, State and Private Treasury Securitizations, State and Private Security Deposits, and Treasury securities issued by private commercial banks. Treasury securities are held as Notes or other Notes within Treasury securities issued by commercial banks.

In addition to the national debt, the Treasury stock of the government of the United States is held in a trust of the United States government. This trust is called the treasury securities trust (ETF). The trustee of the fund pays a portion of the principal and interest at the level of an investmentable net interest rate of 1.0%. The interest on this net interest rate is a small reserve required for any investments and so is the net interest rate on Treasury securities held in the trust that has been paid to the fund. The tax paid by the fund, and the interest paid by the trustee in any taxes paid to the fund upon the amount of the investmentable net interest rate, are adjusted by the exchange rate for United States.

US National Debt by Year

YearDebt (in billions, rounded)Debt-to-GDP Ratio
1929$1716%
1930$1617%
1931$1722%
1932$2034%
1933$2340%
1934$2740%
1935$2939%
1936$3440%
1937$3639%
1938$3742%
1939$4051%
1940$4349%
1941$4944%
1942$7248%
1943$13770%
1944$20191%
1945$259114%
1946$269119%
1947$258103%
1948$25292%
1949$25393%
1950$25786%
1951$25574%
1952$25971%
1953$26668%
1954$27169%
1955$27464%
1956$27361%
1957$27157%
1958$27658%
1959$28555%
1960$28654%
1961$28952%
1962$29850%
1963$30648%
1964$31246%
1965$31743%
1966$32040%
1967$32640%
1968$34839%
1969$35436%
1970$37135%
1971$39835%
1972$42734%
1973$45833%
1974$47531%
1975$53332%
1976$62033%
1977$69934%
1978$77233%
1979$82732%
1980$90832%
1981$99831%
1982$1,14234%
1983$1,37737%
1984$1,57238%
1985$1,82341%
1986$2,12546%
1987$2,35048%
1988$2,60250%
1989$2,85751%
1990$3,23354%
1991$3,66558%
1992$4,06561%
1993$4,41163%
1994$4,69364%
1995$4,97464%
1996$5,22564%
1997$5,41363%
1998$5,52660%
1999$5,65658%
2000$5,67455%
2001$5,80755%
2002$6,22857%
2003$6,78359%
2004$7,37960%
2005$7,93361%
2006$8,50761%
2007$9,00862%
2008$10,02568%
2009$11,91082%
2010$13,56290%
2011$14,79095%
2012$16,06699%
2013$16,73899%
2014$17,824101%
2015$18,151100%
2016$19,573105%
2017$20,245104%
2018$21,516105%
2019$22,719107%
2020$27,748129%
2021$29,617124%

US National Debt Clock Tags