by Calculated Risk on 9/02/2005 03:06:00 PM

As of Sep 1, 2005 our National Debt is:

$7,929,658,283,890.28 (almost $8 Trillion)

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

$7,354,611,427,274.47

SOURCE: US Treasury.


Click on graph for larger image.

For comparison Year over Year Increase:
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
For Sep 1, 2004 to Sep 1, 2005: $575.0 Billion

The debt situtation worsened slightly in August and fiscal 2005 has a chance to see the worst annual increase in National Debt ever. The current record annual increase in the National Debt is $596 Billion for fiscal '04.

So far, despite the much ballyhooed "budget improvement", the US keeps accumulating debt at about the same pace as last year.