Economy Taxes

Federal Debt Increased $2.45 Trillion Since Thanksgiving 2022

inflation debt taxes
File Photo. By Terence P. Jeffrey

The debt of the federal government has increased $2,452,444,126,108.25 since last Thanksgiving, according to data published by the U.S. Treasury.

That works out to approximately $7,304.03 for every one of the 335,765,877 persons in the United States, as per the Census Bureau’s current population estimate.

It also equals $15,168,88 for each of the 161,676,000 people the Bureau of Labor Statistics reported were employed in the country in October.

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On Wednesday, Nov. 23, 2022, the day before last year’s Thanksgiving, the total federal debt was $31,334,033,410,564.83, according to the Treasury debt-to-the-penny webpage. On Tuesday, Nov. 21, 2023, the last day the federal debt-to-the-penny was reported before this year’s Thanksgiving, it was $33,786,477,536,673.08 — a one-year increase of $2,452,444,126,108.25.

The current total federal debt of $33,786,477,536,673.08 equals approximately $100,625.10 for each of the 335,765,877 people in the country and approximately $208,976.45 for each of the 161,676,000 workers.

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