Keyword Analysis & Research: us debt versus deficit

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What is the current US debt?

to our already bloated $30.4 trillion national debt. This action would make our current runaway inflation worse. It would also be patently unfair to the majority of citizens who didn’t attend college or who went to college and responsibly paid their ...

Is America still in debt?

The US debt stands at $28.5 trillion. Despite this being over the debt to GDP ratio, at 107%, the reason the US economy can sustain itself is that there is belief from investors that the US can eventually repay its debt. However, problems arise once there is a possibility of defaulting.

What is the total debt of the US government?

Debt per person is calculated by dividing the total debt outstanding by the population of the United States, as published by the U.S. Census Bureau. The $30 trillion (and growing) gross federal debt equals debt held by the public plus debt held by federal trust funds and other government accounts.

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