This is a real-time debt clock.
It covers more than just the US National Debt. It
covers multiple categories. See the debt per citizen,
the gross domestic product and the tax revenue. See
how much businesses pay in payroll tax. See how much
is being paid in income taxes, corporate taxes and money
taken in on import duties.
See US spending for the calendar year to date. See how
much is lost in Medicare fraud this calendar year to date.
See how much money is being paid in our largest budget
items, namely defense, social security, medicare and
interest on debt.
See the relevant figures regarding our financial meltdown
[government bailouts, currency and credit derivatives and
loss of household wealth.
Also included are figures on US private debt, credit card
debt, medical debt and the private debt per citizen.
See figures on US population, the total of undocumented
people in the country, the figures for official unemployed
compared to the actual unemployed. Included are
figures for numbers of bankruptcies and foreclosures in
2009.
All the larger trade numbers are included in this debt
clock. Provided is the total of US debt held by
foreign countries. There is a separate total showing
our US trade deficit and our specific trade deficit with
China. You will also see posted there the total we are
paying for imported oil and how much of it is coming from
Opec.
The purpose of the debt clock is to inform the public of the
financial condition of the United States of America.
The site is dedicated to bringing the public the most
accurate up to date debt information possible. The
numbers are laid out in such a way to give a complete
real-time snapshot of the country's balance sheet.
All the debt clocks on the site are updated constantly to
the most precise calculations using complex formulas and
exacting standards, and are verified from multiple sources.
See the debt clock
here
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