National Debt Growth (Trillions USD)
Source: US Treasury Department
$5.6T 2000
$7.9T 2005
$13.6T 2010
$18.1T 2015
$26.9T 2020
$34.9T 2024
FY2024 Federal Budget ($6.8T)
Social Security 22%
Medicare 15%
Medicaid 10%
Defense 13%
Interest on Debt 14%
Other Mandatory 15%
Discretionary 11%
Source: Congressional Budget Office, FY2024 Budget Report
Inflation (CPI)
3.1%
vs 3.4% prev year
Federal Funds Rate
5.25-5.5%
FOMC target
Unemployment
3.7%
6.9M jobs seekers
Trade Deficit
-$63.3B
Dec 2024