Debts and Deficits

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Debt Clock

Today’s Federal Debt is about $16,961,025,035,000.

The amount is the gross federal debt issued by the United States Department of the Treasury since 1790. It doesn’t include state and local debt, and it doesn’t include the so-called unfunded liabilities of entitlement programs like Social Security and Medicare.

Total US Government Debt in 2013

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At the end of FY 2013 the total government debt in the United States, including federal, state, and local, is expected to be 20.541 trillion dollars.

Get more information about Total Debt here.

Total Federal Government Debt in 2013

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At the end of FY 2013 the gross US federal government debt is expected to be 17.548 trillion dollars. Of this gross amount, debt “Held by the Public” amounts to 10.560 trillion dollars and debt “Held by Federal Government Accounts” amounts to 4.911 trillion dollars.

Get more information about Federal Debt here.

Total State Government Debt in 2013

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At the end of FY 2013 the state government debt in the United States is expected to be 1.191 trillion dollars.

Get more information about State Government Debt here.

Total Local Government Debt in 2013

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At the end of FY 2013 the local government debt in the United States is expected to be 1.792 trillion dollars.

Get more information about Local Government Debt here.

There’s much, much more:

Chart and tables of US government spending at usgovernmentspending.com.
Chart and tables of US government revenue at usgovernmentrevenue.com.
Chart and tables of UK government spending at ukpublicspending.co.uk.

What is the data; where is it from?

Federal data begins in 1792.
State and local data begins in 1902.
Data is from official government sources.
Federal data since 1962 comes from the president’s budget.
All other data comes from the US Census Bureau.
Gross Domestic Product data comes from measuringworth.com.

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Gross Federal Debt

Debt: $16,961,025,035,000

Data Sources for 2008_2018:

Sources for 2008:

GDP: Measuring Worth - US GDP
Federal: Fed. Budget: Hist. Tables 3.2 and 7.1
State and Local: State and Local Gov. Finances

Sources for 2018:

GDP: Fed. Budget: Hist. Table 10.1
Federal: Fed. Budget: Hist. Tables 3.2 and 7.1
State and Local: State and Local Gov. Finances
“Guesstimated” by projecting the latest change in reported spending forward to future years

> data sources for other years
> data update schedule.

Medicare and Social Security Details

On May 10, 2013, usgovernmentspending.com was updated to provide details of Social Security -- OASI and DI numbers -- and Medicare -- broken down by Part A, Part B, and Part D.

Go here to get details of the Social Security changes on usgovernmentspending.com.

Go here to get details of the Medicare changes on usgovernmentspending.com