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United States Debt Clock
Headline federal, state, local, and total US government debt.
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US Agency Debt is debt issued by federal agencies but not included in Gross Federal Debt.
Federal Debt Clock
Today the Federal Debt is about $39,209,984,063,577.76.
The amount is the gross outstanding debt issued by the United States Department of the Treasury since 1790 and reported here.
But, it doesn’t include state and local debt.
And, it doesn’t include so-called “agency debt.”
And, it doesn’t include the so-called unfunded liabilities of entitlement programs like Social Security and Medicare.
Federal Debt per person is about $120,165.
Total US Government Debt in 2026
Chart C.01t: Recent US Government Debt
At the end of FY 2026 the total government debt in the United States, including federal, state, and local, is expected to be $42.8 trillion.
Get more information about Total Debt here.
Total Federal Government Debt in 2026
Chart C.01f: Recent US Federal Debt
At the end of FY 2026 the gross US federal government debt is estimated to be $39.04 trillion, according to the FY27 Federal Budget. Of this gross amount, debt “Held by the Public: Other” is estimated by usgovernmentspending.com at $27.28 trillion, debt “Held by the Public: Federal Reserve System” (i.e. monetized debt) is estimated by usgovernmentspending.com at $4.36 trillion and debt “Held by Federal Government Accounts” is estimated at $7.40 trillion.
Here is the gross federal debt by year for the last decade:
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Click for federal debt from 1960 to present.
Get more information about Federal Debt here.
Total Federal Agency Debt in 2026
Chart C.01a: Recent Federal Agency Debt
At the end of FY 2026 the federal agency debt in the United States is “guesstimated” to be $12.89 trillion.
Agency debt is debt issued by federal agencies and government-sponsored enterprises, and is not included in the total gross debt of the federal government.
Get more information about Agency Debt here.
Total State Government Debt in 2026
Chart C.01s: Recent State Government Debt
At the end of FY 2026 the state government debt in the United States is expected to be $1.19 trillion.
Get more information about State Government Debt here.
Total Local Government Debt in 2026
Chart C.01l: Recent Local Government Debt
At the end of FY 2026 the local government debt in the United States is expected to be $2.57 trillion.
Get more information about Local Government Debt here.
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See FEDERAL BUDGET breakdown and estimated vs. actual.
Check STATE debt: CA NY TX FL and compare.
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See DEBT HISTORY briefing.
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Debt Data Sources
Debt data is from official government sources.
- Federal debt data since 1962 comes from the president’s budget.
- Federal debt for 1940-1961 comes from the president’s budget.
- Federal debt for 1914-1939 comes from the
US Treasury
and St. Louis Fed.
- Federal debt before 1914 comes from the
US Treasury
- All other debt data comes from the US Census Bureau.
Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.
Detailed table of debt data sources here.
Federal debt data begins in 1792.
State and local debt data begins in 1820.
State and local debt data for individual states begins in 1957.
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Gross Federal Debt
| Debt Now: | $39,209,984,063,577.76 | Debt 2/2020: | $23,409,959,150,243.63 |
Data Sources for 2026:
GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years
> data sources for other years
> data update schedule.
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Medicare/Social Security 2026 Trustees Report Released
On June 16, 2026, the Center for Medicare Services released its annual Medicare Trustees Report, which projects Medicare spending out to 2095. As in the past, the report shows that federal health-care programs will eat the budget.
In this report the Trustees forecast that Medicare will top out at a little above 6 percent of GDP in the 2080s.
On June 15, 2026, usgovernmentspending.com updated its chart of the Medicare Outlook here based on data in the 2026 Medicare Trustees Report. You can download the data and also view selected Medicare Trustee forecasts going back to 2005.
In June 2026, the Social Security Administration released its annual OASDI Trustees Report, which projects Social Security spending out to 2095. As in the past, the report shows that Social Security spending will max out at about 6 percent of GDP. UsGovernmentspending.com uses the Supplemental Single Year Tables.
On June 15, 2026, usgovernmentspending.com updated its chart of the Social Security Outlook here based on data in the 2026 OASDI Trustees Report. You can download the data and also view selected OASDI Trustee forecasts going back to 1997.
Blog
Medicare/Social Security 2026 Trustees Report Released
On June 16, 2026, the Center for Medicare Services released its annual Medicare Trustees Report, which projects Medicare spending out to 2095. As in the past, the report shows that federal health-care programs will eat the budget.
In this report the Trustees forecast that Medicare will top out at a little above 6 percent of GDP in the 2080s.
On June 15, 2026, usgovernmentspending.com updated its chart of the Medicare Outlook here based on data in the 2026 Medicare Trustees Report. You can download the data and also view selected Medicare Trustee forecasts going back to 2005.
In June 2026, the Social Security Administration released its annual OASDI Trustees Report, which projects Social Security spending out to 2095. As in the past, the report shows that Social Security spending will max out at about 6 percent of GDP. UsGovernmentspending.com uses the Supplemental Single Year Tables.
On June 15, 2026, usgovernmentspending.com updated its chart of the Social Security Outlook here based on data in the 2026 OASDI Trustees Report. You can download the data and also view selected OASDI Trustee forecasts going back to 1997.
On February 25, 2026 the Congressional Budget Office released its annual Long Term Budget Outlook for 2026, which projects ...
The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2025 on April 9, 2026.Usgovernment ...
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