Federal debt of the United States - forecast 2021-2032
By 2032, the gross federal debt of the United States is projected to be about 45 trillion U.S. dollars. This would be an increase of about 16.9 trillion U.S. dollars from 2021, when the federal debt was 28.3 trillion U.S. dollars.
The federal debt of the U.S.
The federal debt, also called the national debt or public debt, is the amount of debt held by the United States government. This debt may be to other countries, or to different departments within the government itself. The public debt of the United States has increased significantly over the past 30 years, as it was around 3.2 trillion U.S. dollars in 1990 and totaled around 26.9 trillion U.S. dollars in September 2020.
The problem of the federal debt
Over the past decade, the federal debt limit in the United States has increased significantly. In recent years, the hiking of the debt ceiling has been used as a tool to keep the U.S. government from shutting down. The issue of the U.S. federal debt has put a wedge between Democrats and Republicans, as the two parties are unable to find an effective solution to reduce the federal debt.
When broken down per capita, the national debt amounted to about 80,885 U.S. dollars of debt per person in the United States.
The federal debt of the U.S.
The federal debt, also called the national debt or public debt, is the amount of debt held by the United States government. This debt may be to other countries, or to different departments within the government itself. The public debt of the United States has increased significantly over the past 30 years, as it was around 3.2 trillion U.S. dollars in 1990 and totaled around 26.9 trillion U.S. dollars in September 2020.
The problem of the federal debt
Over the past decade, the federal debt limit in the United States has increased significantly. In recent years, the hiking of the debt ceiling has been used as a tool to keep the U.S. government from shutting down. The issue of the U.S. federal debt has put a wedge between Democrats and Republicans, as the two parties are unable to find an effective solution to reduce the federal debt.
When broken down per capita, the national debt amounted to about 80,885 U.S. dollars of debt per person in the United States.
