Current National Debt – 12 Months

Fri, Jun 12, 2009

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National Debt

The Total National Debt is the Public Debt, plus the Intragovernmental Holdings. Intragovernmental Holdings are Government Account Series securities held by Government trust funds, revolving funds, and special funds; and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts.

Public Debt

The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities. Types of securities held by the public include, but are not limited to, Treasury Bills, Notes, Bonds, TIPS, United States Savings Bonds, and State and Local Government Series securities.

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Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Jan 21, 2020: $23,210,413,917,318
In 11.0 yrs Increased: $12,583,536,868,405
George Bush (8yrs): $4,899,100,310,609
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TheObamaDebt.com was created to track the National Debt on a daily basis from the inauguration and during the Obama administration - and provides a way to watch if the spending continues - increasing the debt - or if the promised "change" will occur without spending our great Nation into a deeper hole. At some point, one of our presidents must accept responsibility, be accountable, and be committed to change the direction of this graph. Will Obama be the one to make it happen - no matter what it takes?
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