Saturday, June 10, 2023

Debt to the public hits $25 trillion

 On 6/5/23, the debt to the public hit $25.032 trillion. (Source: https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny). This was about 10 months after it hit $24 trillion. It was $12.5 trillion on 3/3/2014. The doubling time is about 9 years. So in 2032, it should hit $50 trillion.

See also: The public debt hits $24 trillion

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