Wednesday, September 5, 2007

How big is the debt?

How big is the National Debt?

As of September 4, 2007 it is: $8,995,145,905,720.62 according to the U.S. Treasury Department Bureau of the Public Debt website. (

Of the nearly 9 Trillion amount, $5,093,470,584,789.90 is held by investors and $3,901,675,320,930.72 is held in "Intragovernmental Holdings."

The Statutory Debt Limit (the Congressionally mandated cap on the National Debt), effective July 31, 2007 (most recent date information is available at the time of this posting) is: $8,965,000,000,000 (8 Trillion, 965 Billion).

Through July 2007, the interest alone on the National Debt for Fiscal Year 2007 amounted to: $385,102,764,992.36 ($385 Billion dollars) with two months left in the fiscal year.

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National Debt Clock