As the federal government experiences reoccurring deficits, which are common, the national debt grows. To learn more about the national debt, visit the National Debt Explainer. The visualization below shows how deficits from previous years are added to …

The national debt is the amount of money the federal government has borrowed to cover the outstanding balance of expenses incurred over time. In a given fiscal year (FY), when spending (ex. money for roadways) exceeds revenue (ex. money from federal income tax), a …

4 days ago · The federal government also spends money on the interest it has incurred on outstanding federal debt. Consequently, as the debt grows, the spending on interest expense also generally grows. If the government spends more than it collects in revenue, then there is a budget deficit. If the government spends less than it collects in revenue, there ...

Your Guide to America’s Finances makes federal financial information open and accessible to all. Explore U.S. revenue, spending, deficit, and debt with this open-source guide to federal finance data.

Mar 31, 2015 · The list below provides information on where there are differences in debt calculations related to the national debt. Debt to the Penny contains TPDO, as well as a breakout of Debt Held by the Public and Intragov Holdings. In this dataset, Intragov Holdings includes debt issued by the FFB.

See how our data helps answer key questions about the federal government's accounting, central payment systems, and public debt. Looking for more? Choose a dataset below or select any dataset from our Dataset Search page, to find out how numbers have changed over time, see a data preview, and download the data for further analysis.

May 31, 2010 · The Interest Expense on the Public Debt Outstanding dataset provides monthly and fiscal year-to-date values for interest expenses on federal government debt, that is, the cost to the U.S. for borrowing money (calculated at a specified rate and period of time).

budget deficit. • The government’s gross costs of $7.8 trillion, less $652.9 billion in revenues earned for goods and services provided to the public, plus $283.6 illion in net losses from changes in assumptions yields the b

Sep 30, 2024 · Historical Debt Outstanding is a dataset that provides a summary of the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year. Between 1789 and 1842, the fiscal year began in January.

1 day ago · Federal revenue is used to fund a variety of goods, programs, and services to support the American public and pay interest on government debt. Revenue is typically measured by fiscal year (FY) .