Debt Tops $40 Trillion as Four Charts Put the Trend in Context
TL;DR
The U.S. national debt has surpassed $40 trillion, up from about $5.8 trillion in 2000, equating to roughly $116,800 per person. Debt growth has accelerated across presidential terms, with the largest dollar increase under Biden; deficits rose notably during the pandemic era as spending expanded. The article uses four charts to contextualize the rising debt and the disappearance of federal surpluses since 2001.
Topics:businesseconomy#data-visualization#deficits#economy#national-debt#pandemic-spending#us-economy
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