|
|
| |
Where the Debt-Clock data come from
|
|
| |
Whose National-Debt Numbers?
The data plotted here were taken directly from the White House web site and plotted without modification. For details, see (Source).
|
|
| |
The gross national debt is reported (almost) daily by the U.S. Treasury at Debt to the Penny . Our clock is updated every weekday (see below) which makes it the most accurate on the web.*
|
|
| |
What determines the speed of the clock?
Some days the debt actually goes down, and others it goes up extra fast. Since no one knows what it will do on any given day we just show it increasing at its average rate, because that's the best guess. But what average rate?
The Office of Management and Budget at the White House predicts the "Gross Federal Debt" for the next few years. At the end of the fiscal year 2005, (Sept. 30 2005) they list the debt at $8,031.4 billion. They predict it will be $676 billion higher at the end of the next fiscal year. That is the average rate of increase per year assumed by the clock.
|
|
| | |
Gross National Debt
GND = $15,054,163,621,371.29
|
| | |
When Gross National Debt Recorded
GNDwhen = 2011:11:30:11
|
| | |
Rate of GNDebt Increase in $ billions / year
GNDrate = 1,140
|
| | |
Social Security Trust
SST = 2,558,226,012,000
|
| | |
When Social Security Trust Evaluated
SSTwhen = 2010:04:30
|
| | |
Growth Rate of SST in $ Billions / year
SSTrate = 0.1
|
| | |
Debt Held by the Public
DHP = $8,476,842,609,085.10
|
| | |
When DHP Evaluated
DHPwhen = 2010:05:20:12
|
| | |
Annual Growth Rate of DHP in $ Billions / year (from OMB)
DHPrate = 1494
|
| | |
Debt Held by Federal Reserve System (for printing money)
FRS = 736,086,000,000
|
| | |
When FRS Evaluated
FRSwhen = 2009:08:20
|
| | |
Growth Rate of FRS in $ Billions / year
FRSrate = 522.7
|
| | |
Total Cost of Imported Fossil Fuel (Today's Dollars)
IMP = $3,578,291,913,096
|
| | |
When the Total Cost of Fossil was evaluated
IMPwhen = 2007:11:1
|
| | |
Rate of increase in Foreign Fossil Cost, $ Billion / Year
IMPrate = 286
|
http://zfacts.com/p/790.html | 01/18/12 07:17 GMT
Modified: Thu, 01 Dec 2011 04:33:20 GMT
|
|
