- How much is current US Public Debt ?
- Is the US Public Debt near the Statutory Debt Limit ? How near ?
- Where can we find updated information on these ?
Daily Treasury statement
http://www.fms.treas.gov/dts/
Example:
Nov. 17, 2009 Daily Treasury statement
Go to "Table III C – Debt Subject to Limit", look at the "Closing balance today", at items "Total Public Debt Subject to Limit" and "Statutory Debt Limit".
On Nov. 17, 2009:
Total Public Debt Subject to Limit is $11,982,556 billions (11.982556 trillions).
Statutory Debt Limit is $12,104,000 billions (12.104000 trillions).
The Statutory limits on Federal Debt are changed many many times.
We can see the changes from this file (This file is from White House’s website.):
Statutory limits on Federal Debt: 1940 – current
Amazing !
In 1940, statutory limit for Federal Debt is 49 billions.
Sep 29, 2007, it is 9,815 billions.
Feb 17, 2009, it is 12,104 billions.
This is a really bad situation with the national debt. Their does not seem to be a solution or resolution to the problem it just keeps getting worse and worse.
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