It’s Official: National Debt Tops $20 Trillion

by Terence P. Jeffrey
September 12, 2017

The federal debt officially surpassed $20 trillion for the first time on Friday, as the debt subject to the legal limit set by Congress jumped $317,645,000,000 in one day–following President Donald Trump’s signing of a spending-and-debt-limit deal that will fund the government through Dec. 8.

At the close of business on Thursday, Sept. 7, according to the Daily Treasury Statement for Friday, the total debt of the federal government was $19,844,587,000,000 and the portion of it subject to the legal limit set by Congress was $19,808,747,000.

After President Trump signed the legislation suspending the debt limit, the total debt immediately jumped to $20,162,177,000,000 and the portion of it subject to the limit jumped to $20,126,392,000,000, according to the Daily Treasury Statement for Sept. 8, 2017.

That means the total debt jumped $317,590,000,000 on the day it officially topped $20 trillion for the first time and that the part of the debt subject to the legal limit jumped $317,645,000,000 on that day.

10 Comments - what are your thoughts?

  • Tiger says:

    Here is what ya do folks, you stop giving any money to any nation. You stop giving billions to the illegals here and the refugees. Who in Michigan have 4 wives and get medicaid. You get European countries who owe us anything, to repay the debt. They have taken in millions of 75% Muslim men and if they have that much extra money to throw at them they can throw some our way.

    You can get the work for Welfare deal going again, you can get the work for food stamps like Florida and other states, boy did we save the money they fell off the rolls fast. You can find out where O got the gold, silver, precious metals etc. to give Iran and maybe get some back. You can take El Chopo’s frozen funds and put them into our debt. You an keep doing the good work on weeding out the unnecessary leeches in government offices across the country, save money big time there.

    You can stop giving X congressmen and women all the benefits you do for what? For nothing but trouble. Woes and worries. Stop blowing our tax dollars on people who already millionaires and notice how Trump not taking a salary but that none of the filthy rich Democrats sucking off our money saying no to theirs?

    Trump came into a situation that was bad and if his Agenda gets through, which looks like Ryan took his licking and wants to keep on ticking, said today they surely will do all systems go, Aye Aye sir, the puke finally realized who was president, this country will be top notch and top hat in no time. Oh and some of those big people like CEO of Google and all can surely spare a billion or so for the good of the country. Yeh right nobody hold their breath.

    This land is our home, like any home we have to be careful who we allow in and then we have to budget and throw out the excess waste.

  • Roy Fredrichsen says:

    Oh! But in only eight years O’Bummer doubled it hoping he could drive this country into national bankruptcy so he could declare himself King of America.

  • podunk1 says:

    We’ve had enough treasonous Progressive social justice supremacy to double down on 200+ years total debt accumulation in a mere 8 years of the Obama-nation of all abominations! And…That’s nothing compared to the $100+ trillion sacked & Ponzied “unfunded” ( (bankrupted) pension plans… plus a like amount sacked by counterfeit consumption bond & currency inflation, from SSI… all by Maoist democrat & RINO progressives over the past 25 years.

    Instead of celebrating a phony Obamanized 4% unemployment rate simultaneous with frenzied efforts to INCREASE NATIONAL DEBT… BECAUSE WE CONTINUE TO CONSUME MORE THAN WE PRODUCE, someone with an advanced pseudo-accounting degree that can add & subtract within government might actually discover, that BLS 153,439,000 people working 34.4 hours means there were only 131,958,000 full-time 40-hour jobs and wage related wealth produced… and the 21,481,000 non-existent jobs REPORTED BY OUR BLS would have generated $1.5 trillion annually… more than enough to start paying off debts to enemies and start rebuilding the US productive infrastructure that was OUTSOURCED TO COMMUNIST CHINA BY PROGRESSIVES.

    If we added the 5,844,000 BLS reported as “wanting jobs”, but removed from the workforce and the unemployed; plus another 3,399,000 unexplained removals from the workforce (9,243,000 total) to the phony 160,571,000 reported workforce, one would have a workforce of 169,814,000 that would be comparable to 1998/2008 12 year average EMPLOYMENT PERFORMANCE!

    Unemployment during that 12 year 1998/2008 period averaged 5%! Add the 21,481,000 not enough jobs to the 9,243 ,000 “forgotten” jobless people and the joblessness jumps to 37,272,000, which is 21.97% of the 160,571,000 a credible ACTUAL historical workforce comparability!

    That 21,481,000 LOST PRODUCTIVITY COSTS THE US $2.7 TRILLION ANNUALLY… using BLS Aug. $26.39/hr @ 2,080 full-time hours, with 30% employer paid taxes & fringes. We have at least 50 million aliens with 25 million of them on welfare THROWING 37 MILLION CITIZENS OUT OF JOBS AND INTO WELFARE… Thanks to PROGRESSIVES WHO ABSOLUTELY AGREE TO ALLEGIANCE AND THEN BETRAY IT FROM THE “GET_GO”!!

  • justinwachin says:

    Hopefully the Republicans will use this reprieve to cut government spending. With the economy picking up now would be a good time to begin eliminating some of the deficit. $20 trillion will hopefully be the high water mark. Hopefully the debt will begin to go down.

  • art says:

    They how stupid are Americans to elected a muslim president after 9/11

  • art says:

    thank you barry for 10 trillion that when some where and bill the rapist for helping north korea get the bomb . And President Trump is the bad guy . Only in DC

  • gvette says:

    Funny how they failed to mention what the debt was when Onigger got in office, which was $10.626 trillion.

    1. Rodney Steward says:

      Funny how that race card is just like a get out of jail free card, how the BOY and his black tribe got by with so much!

      1. PhyllisRShaw says:

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  • PhyllisPKaplan says:

    Google Offers to everyone”The time to Get More dollars, workfew hours and have More time for family.
    on wednesday I got themselves a Lotus Esprit from earning $9027 this last four weeks.. with-out any doubt it’s the most-comfortable job I’ve had . I began this 3 months ago and immediately started bringin in more than $75 per-hour . why not look here
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