Unusual Whales

The US national debt has hit $35 trillion

Unusual Whales -

The US national debt has hit $35 trillion.

 Today, the United States’s national debt reached another alarming milestone – our national debt is a staggering $35 trillion. House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement on this milestone:

Chairman Arrington's Statement:

Background:

The gross national debt is currently $35 trillion. This equates to:

  • $104,497 per person
  • $266,275 per household
  • $483,889 per child

The debt one year ago was $32.65 trillion, meaning that the debt has increased by $2.35 trillion over the past 12 months. This rate of increase equates to:

  • $196 billion in new debt per month
  • $6.4 billion in new debt per day
  • $268 million in new debt per hour
  • $4.5 million in new debt per minute
  • $74,401 in new debt per second