National Debt and Deficit

What We Have

Financial ItemAmount
Total National Debt$38.8 Trillion [1]
Debt Held by the Public$31.4 Trillion [2]
Annual Deficit$1.9 Trillion [3]
Debt-to-GDP Ratio124% [4]
Annual Interest Cost$1 Trillion [5]

What We Want

  • Stabilize Debt-to-GDP
  • Reduce Annual Deficit
  • Control Interest Costs
  • Align Spending with Outcomes
  • Restore Fiscal Flexibility.

What You Can Do

Countries Top Ranked for Best National Debt and Deficit

Sweden Switzerland Denmark

Why Pay More And Get Less

The U.S. lacks discipline, structure, and accountability.

Next: Executive Summary

References:

  1. ConsumerFinance.gov.
  2. TreasuryDirect.gov
  3. FiscalData.treasury.gov.
  4. FiscalData.treasury.gov.
  5. Committee for a Responsible Federal Budget (crfb.org).