debt per taxpayer... oof!!!
https://www.usdebtclock.org/#
https://www.iedm.org/canadian-debt-clock/
As of early 2026, U.S. federal debt service costs are surging, with interest payments projected to hit $1 trillion to over $2 trillion in FY2026, driven by higher interest rates and a ~$39 trillion national debt. This represents roughly 17% of federal spending, exceeding expenditures on defense or Medicaid. Interest is now the fastest-growing part of the federal budget.
U.S. Treasury Fiscal Data
Key Debt Service Facts (2026):
Total Debt: Total public debt outstanding has reached approximately $38.8โ$39 trillion.
Daily Interest Cost: The U.S. government is spending over $2.8 billion per day in interest
Annualized Cost: Estimates for total annual interest payments in FY2026 range from $1.0 trillion to over $2 trillion.
As a Percentage of GDP: Interest costs are expected to reach 3.3% of GDP in 2026, rising to 4.6% by 2036
why can't we pay our bills?
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Crnr2Crnr ·