Saturday, May 29, 2010

U.S. national debt hits $13 trillion

The U.S. Total Public Debt has hit a new record:
The U.S. national debt has passed the $13 trillion mark, according to, an independent website that tracks the real-time growth of U.S. revenues and spending.

On Tuesday, the national debt stood at $12,995,779,490,444.52, according to the Treasury Department's national debt-tracking website
Federal Debt Held by the Public, a better measure of the national debt because it doesn't count money some parts of the government owe to other parts of the government, is just shy of $8.5 trillion according to To put things in perspective, that's $75,973 per U.S. household.

Here's a graph of Federal Debt Held by the Public as of year-end 2009:

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