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[[File:2011 spending pie chart.png|thumbnail|350px|Federal spending allocation in 2011]]
 
[[File:2011 spending pie chart.png|thumbnail|350px|Federal spending allocation in 2011]]
 
[[File:2018 spending allocations.JPG|thumbnail|350px|Federal spending allocations in 2018]]
 
[[File:2018 spending allocations.JPG|thumbnail|350px|Federal spending allocations in 2018]]
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The '''National Debt''' is the amount of [[money]] the [[United States]] [[Federal government]] owes various creditors due to [[deficit spending]].  As of January 30, 2020, the national debt had reached $23.3 trillion, or, if divided equally among each member of the U.S. population, $282,000 per family of four.<ref name="TreasPenny">United States Department of the Treasury, Bureau of the Fiscal Service (February 2020). [http://www.treasurydirect.gov/NP/BPDLogin?application=np "The debt to the penny and who holds it".] TreasuryDirect. Retrieved April 8, 2014.</ref>
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The '''National Debt''' is the amount of [[money]] the [[United States]] [[Federal government]] owes various creditors due to [[deficit spending]].  As of June 30, 2020, the national debt had reached $26.4 trillion, or, if divided equally among each member of the U.S. population, $321,000 per family of four.<ref name="TreasPenny">United States Department of the Treasury, Bureau of the Fiscal Service (September 2020). [http://www.treasurydirect.gov/NP/BPDLogin?application=np "The debt to the penny and who holds it".] TreasuryDirect. Retrieved April 8, 2014.</ref>
    
==Debt of the US - Analysis of Bush and Obama presidencies==
 
==Debt of the US - Analysis of Bush and Obama presidencies==
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