Most Americans Had Debt From Last Christmas November 2024

Most Americans Had Debt From Last Christmas November 2024. The government will spend $728bn to service its debt in 2024, or 16% of revenues (see chart 3). That figure factors in every type of debt, from credit card.

This rate of increase equates to: Washington (ap) — the federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic.