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Headline federal, state, local, and total US government debt.
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US Agency Debt is debt issued by federal agencies but not included in Gross Federal Debt.
Today the Federal Debt is about $34,554,969,025,868.11.
The amount is the gross outstanding debt issued by the United States Department of the Treasury since 1790 and reported here.
But, it doesn’t include state and local debt.
And, it doesn’t include so-called “agency debt.”
And, it doesn’t include the so-called unfunded liabilities of entitlement programs like Social Security and Medicare.
Federal Debt per person is about $105,899.
Chart C.01t: Recent US Government Debt
At the end of FY 2024 the total government debt in the United States, including federal, state, and local, is expected to be $38.76 trillion.
Get more information about Total Debt here.
Chart C.01f: Recent US Federal Debt
At the end of FY 2024 the gross US federal government debt is estimated to be $35.11 trillion, according to the FY25 Federal Budget. Of this gross amount, debt Held by the Public: Other is estimated by usgovernmentspending.com at $23.20 trillion, debt Held by the Public: Federal Reserve System (i.e. monetized debt) is estimated by usgovernmentspending.com at $4.95 trillion and debt Held by Federal Government Accounts is estimated at $6.95 trillion.
Here is the gross federal debt by year for the last decade:
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Click for federal debt from 1960 to present.
Get more information about Federal Debt here.
Chart C.01a: Recent Federal Agency Debt
At the end of FY 2024 the federal agency debt in the United States is “guesstimated” to be $13.90 trillion.
Agency debt is debt issued by federal agencies and government-sponsored enterprises, and is not included in the total gross debt of the federal government.
Get more information about Agency Debt here.
Chart C.01s: Recent State Government Debt
At the end of FY 2024 the state government debt in the United States is expected to be $1.32 trillion.
Get more information about State Government Debt here.
Chart C.01l: Recent Local Government Debt
At the end of FY 2024 the local government debt in the United States is expected to be $2.33 trillion.
Get more information about Local Government Debt here.
Find DEFICIT stats and history.
US BUDGET overview and pie chart.
Find NATIONAL DEBT today.
See FEDERAL BUDGET breakdown and estimated vs. actual.
Check STATE debt: CA NY TX FL and compare.
See DEBT ANALYSIS briefing.
See DEBT HISTORY briefing.
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Make your own CUSTOM CHART.
Debt data is from official government sources.
Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.
Detailed table of debt data sources here.
Federal debt data begins in 1792.
State and local debt data begins in 1820.
State and local debt data for individual states begins in 1957.
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Debt Now: | $34,554,969,025,868.11 | Debt 2/2020: | $23,409,959,150,243.63 |
GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years
> data sources for other years
> data update schedule.
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On March 11, 2024, we updated usgovernmentspending.com with the numbers from the Public Budget Database in the Budget of the United States Government for Fiscal Year 2025.
Here is how headline budget estimates for the upcoming FY 2024 fiscal year have changed since the release of the FY 2024 budget a year ago in Winter 2023.
$ billion | Estimate for 2024 in FY2024 Budget | Estimate for 2024 in FY2025 Budget | Change |
Federal Outlays | $6,371.8 | $6,940.9 | +$569.1 |
Federal Receipts | $4,802.5 | $5,081.6 | +$279.1 |
Federal Deficit | $1,569.4 | $1,859.4 | +$290.0 |
You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.
Account level spending estimates through FY 2029 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024.
Account level budget authority estimates through FY 2029 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024.
On March 11, 2024, we updated usgovernmentspending.com with the numbers from the Public Budget Database in the Budget of the United States Government for Fiscal Year 2025.
Here is how headline budget estimates for the upcoming FY 2024 fiscal year have changed since the release of the FY 2024 budget a year ago in Winter 2023.
$ billion | Estimate for 2024 in FY2024 Budget | Estimate for 2024 in FY2025 Budget | Change |
Federal Outlays | $6,371.8 | $6,940.9 | +$569.1 |
Federal Receipts | $4,802.5 | $5,081.6 | +$279.1 |
Federal Deficit | $1,569.4 | $1,859.4 | +$290.0 |
You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.
Account level spending estimates through FY 2029 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024.
Account level budget authority estimates through FY 2029 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on March 11, 2024.
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