In September 2020, the national debt had risen up … The first fiscal year for the U.S. Government started Jan. 1, 1789. Interactive chart illustrating the growth in national (public) debt by U.S. Presidential term. Congress changed the beginning of the fiscal year from Jan. 1 to Jul. At the end of FY 2020 the US national debt was “guesstimated” to be $30.04 trillion, including federal $26.88 trillion, state $1.18 trillion, and … Historical Debt Outstanding - Annual 2000 - 2020. Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q3 2020 about public, debt, federal, government, and USA. It was just $16B in 1929 or about 16% of GDP, rising to $827B or 31% of GDP in 1979. The y-axis shows the total percentage growth in national debt and the x-axis shows the time in office in months. Therefore, the chart shows the debt as a percentage of the U.S. economy. This graph shows the outstanding public debt of the United States of America from 1990 to 2020. Includes legal tender notes, gold and silver certificates, etc. For the first 50 years in our visual from 1929 until 1979, the U.S. national debt only grew gradually. Blank years of 1937, 1938, and 1939 have been added to make the year markers match presidential terms. Table 7.1—Federal Debt at the End of Year: 1940–2025 Table 7.2—Debt Subject to Statutory Limit: 1940–2025 Table 7.3—Statutory Limits on Federal Debt: 1940–Current During his 2016 campaign, Trump ran on a promise to strengthen the country's economy, which would in … The Congressional Budget Office projects that the debt will rise to 86% of GDP by 2026, to 106% by 2035, and to 141% by 2046. 1 to Oct. 1 in 1977 where it remains today. The national debt jumped by $1.4 trillion in just one short year. I.e., in 1940, the federal debt equaled $50.696 billion and the economy was $98.2 billion. Congress changed the beginning of the fiscal year from Jan. 1 to Jul. Historical Debt Outstanding - Annual 1950 - 1999 * Rounded to Millions Includes legal tender notes, gold and silver certificates, etc. What is the Total National Debt? 1 in 1842, and finally from Jul. Therefore, the federal debt as a percentage of GDP equaled 51.6%. 1 in 1842, and finally from Jul. 1 to Oct. 1 in 1977 where it remains today. National Debt: Strictly speaking, the US national debt is the total of federal, state, and local debt.But people often talk about the debt of the federal government as the “national debt.”. The claim: Trump increased the national debt by $8.3 trillion in 4 years. 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