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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.

Write a Letter

  • Select, Print, Sign, Send
  • Show You Understand
  • Hold Congress accountable

Other Countries Do It

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).

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