In The News

Federal Debt Increased $2.45 Trillion Since Thanksgiving 2022 — $7,304 For Every Person In US

The debt of the federal government has increased $2,452,444,126,108.25 since last Thanksgiving, according to data published by the U.S. Treasury.

That works out to approximately $7,304.03 for every one of the 335,765,877 persons in the United States, as per the Census Bureau’s current population estimate.

It also equals $15,168,88 for each of the 161,676,000 people the Bureau of Labor Statistics reported were employed in the country in October.

On Wednesday, Nov. 23, 2022, the day before last year’s Thanksgiving, the total federal debt was $31,334,033,410,564.83, according to the Treasury debt-to-the-penny webpage. On Tuesday, Nov. 21, 2023, the last day the federal debt-to-the-penny was reported before this year’s Thanksgiving, it was $33,786,477,536,673.08 — a one-year increase of $2,452,444,126,108.25.

The current total federal debt of $33,786,477,536,673.08 equals approximately $100,625.10 for each of the 335,765,877 people in the country and approximately $208,976.45 for each of the 161,676,000 workers.

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Terence P. Jeffrey

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Terence P. Jeffrey

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