Friday, March 2, 2018

Debtwatch February 2018

On Jan. 31, 2018, the debt held by the public was $14.80 x 10^12.  Interest paid on the national debt for January was $27.8 billion per the monthly treasury statement.

On Feb. 28, 2018, the debt held by the public was $15.15 x 10^12, an increase of $350 billion during the month and an increase of 2.4%.

Update:  For interest, I will use the number on the 1st page of the monthly treasury statement.  So for January 2018, it was $25 billion.  For February 2018, it was $23 billion.  This is actually probably the most important number to watch.  I expect this number to skyrocket to as much as $100 billion per month within the next 3 years.

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