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Tuesday, August 02, 2005

National Debt Increase: $566 Billion YoY

by Calculated Risk on 8/02/2005 05:53:00 PM

As of Aug 1, 2005 our National Debt is:

$7,869,521,621,947.05 (Over $7.8 Trillion)

As of Aug 1, 2004, our National Debt was:

$7,303,319,122,668.55

SOURCE: US Treasury.


Click on graph for larger image.

For comparison:
For Fiscal 2004 (End Sept 30, 2004): $596 Billion
For Jan 1, 2004 to Jan 1, 2005: $609.8 Billion
For Feb 1, 2004 to Feb 1, 2005: $618.6 Billion
For Mar 1, 2004 to Mar 1, 2005: $635.9 Billion
For Apr 1, 2004 to Apr 1, 2005: $660.9 Billion
For May 1, 2004 to May 1, 2005: $648.8 Billion
For Jun 1, 2004 to Jun 1, 2005: $588.0 Billion
For Jul 1, 2004 to Jul 1, 2005: $581.2 Billion
For Aug 1, 2004 to Aug 1, 2005: $566.2 Billion

It now appears that the debt increase for fiscal '05 will be slightly less than the record set in fiscal '04. The current record annual increase in the National Debt is $596 Billion for fiscal '04.