Money › National Debt · United States
National Debt
Gross federal debt includes debt held by the public and intragovernmental holdings. Daily borrowing and repayments can move the balance in either direction. It is a stock at a point in time, not annual spending.
Numbers tell a bigger story.
≈ $8.36B USD / day modeled change
Continues from its source anchor · no daily reset
What makes this number move?
Source balance: 2026-10-22 · model anchor: 2026-10-22T00:00:00.000Z
Adds the modeled change to the reported balance. Actual daily changes can go in either direction.
Extend the average net change from 2026-07-24 to 2026-10-22 (90 calendar days) from the latest daily balance. The trend starts at the latest observation on or before 90 days earlier. Midnight UTC is the time convention. Freeze after seven days without a new observation.
A 90-day trend estimate, not a live Treasury balance. Daily borrowing and repayments can move debt in either direction; a negative trend remains negative. Source record date is not an intraday release time.
View debt & revenue chart Historical trends · 1, 3 or 5 years
THE FISCAL PICTURE
U.S. revenue vs. U.S. debt
Two lines. One national balance sheet.
Outstanding on 2026-09-30
Collected over 12 months through Sep 2026
Indexed to 100 at the first month shown. This compares growth rates, not equal dollar amounts. Monthly observations are joined by straight lines. The ticking estimate above is separate.
$557.87B in$584.77B out$26.9B deficit
Sources, methodology & chart data
Debt uses the last published business-day balance in each month. Revenue is the sum of 12 complete months of Treasury receipts. Growth view divides each series by its own first observation and multiplies by 100. The budget view uses monthly receipts and outlays. A deficit is not identical to the change in gross debt: cash balances and other financing also matter.
Revenue uses the latest available report vintage for each month; historical releases may be revised. This chart is a verified snapshot through Sep 2026, retrieved 2026-10-26. Release date is not supplied by these API rows. No intraday market prices or forecasts are implied.
| Month | Debt (USD) | 12-month revenue (USD) | Monthly receipts (USD) | Monthly outlays (USD) | Revenue vintage |
|---|---|---|---|---|---|
| 2025-09 | 37,637,553,494,935.61 | 5,234,616,472,030.91 | 543,663,073,176.7 | 345,725,351,899.02 | 2026-09-30 |
| 2025-10 | 38,040,093,786,521.02 | 5,312,217,584,946.51 | 404,371,348,973.7 | 688,704,092,972.07 | 2026-09-30 |
| 2025-11 | 38,396,211,497,613.65 | 5,346,465,005,290.7 | 336,001,720,156.98 | 509,278,895,279.9 | 2026-09-30 |
| 2025-12 | 38,514,009,184,232.72 | 5,376,434,312,338.48 | 484,384,015,539.25 | 629,136,126,305.68 | 2026-09-30 |
| 2026-01 | 38,521,368,112,341.66 | 5,423,191,870,269.72 | 560,051,900,583.17 | 654,667,062,952.38 | 2026-09-30 |
| 2026-02 | 38,769,805,982,273.81 | 5,439,889,871,693.99 | 313,121,685,246.84 | 620,623,118,673.01 | 2026-09-30 |
| 2026-03 | 39,065,421,393,640.82 | 5,457,107,042,786.46 | 384,862,602,035.79 | 548,962,915,853.65 | 2026-09-30 |
| 2026-04 | 38,967,833,861,543.11 | 5,444,280,416,007.16 | 837,342,690,993.51 | 622,318,555,795.74 | 2026-09-30 |
| 2026-05 | 39,207,759,598,302.62 | 5,408,563,742,123.82 | 335,512,183,227.42 | 628,160,440,569.41 | 2026-09-30 |
| 2026-06 | 39,462,398,380,774.37 | 5,377,879,871,935.55 | 495,761,481,568.7 | 616,066,757,155.07 | 2026-09-30 |
| 2026-07 | 39,771,617,162,466.97 | 5,373,397,899,068.17 | 334,009,875,555.79 | 766,295,603,520.39 | 2026-09-30 |
| 2026-08 | 40,175,641,071,634.14 | 5,389,115,312,899.27 | 360,032,735,841.42 | 526,811,547,895.67 | 2026-09-30 |
| 2026-09 | 40,171,825,101,340.31 | 5,403,326,758,960.81 | 557,874,519,238.24 | 584,774,866,340.26 | 2026-09-30 |
MORE TO THE STORY
Explore this scoreboard
Choose a number, a topic or a place to look closer.
Debt held by the public
U.S. Treasury
Business-day observations
Intragovernmental holdings
U.S. Treasury
Business-day observations
Published numbers include their reporting period. Only reviewed boards with imported figures or working geographic navigation are listed.
FOLLOW THE SPENDING
Federal spending by budget function
Explore 18 Treasury spending areas. Choose a category to see its reported totals, programs and official sources.
Week starts Monday · YTD starts January 1 · UTC. All-time history is not yet available.
Moving values apply a historical average pace to the selected range; they are not actual payments recorded in that range. These are separate from the national debt itself.
Social Security
Retirement, disability & survivors
Net Interest
The cost of federal borrowing
Medicare
Health coverage for eligible people
Medicaid
Federal care & administration
National Defense
Military & defense activities
Income Support
Assistance & income protection
Veterans’ Benefits
Care & support after service
Transportation
Roads, airways & waterways
Law & Justice
Courts, enforcement & corrections
Education & Social Services
Schools, skills & social services
Community Development
Communities & disaster recovery
Environment & Resources
Land, water & conservation
Agriculture
Farming & agricultural services
International Affairs
Diplomacy & international assistance
Science & Space
Research & space exploration
Government Operations
Running the federal government
Energy
Supply, conservation & preparedness
Commerce & Housing Credit
Credit, insurance & commerce
Sources & budget adjustments
U.S. Treasury Monthly Treasury Statement, Table 9. The underlying 18 Treasury functions plus -$155,018,778,526 in undistributed offsetting receipts reconcile to $7,395,799,983,313 total net outlays. Medicaid replaces the broader Health tile with its CMS federal-share benchmark (Fiscal year 2024), so the displayed tiles are not an additive budget total.
Rates spread reported spending evenly across its reporting period. Actual payments are uneven. Estimates expire 45 days after the reporting period ends. Images illustrate topics and are not documentary evidence of spending.
Download source observations · Congressional category definitions ↗FEDERAL SPENDING
Where Your Tax Dollars Went
Explore connected agency, contract, grant-recipient and state award records, with separate definitions for obligations and outlays.
Explore federal spendingEXPLORE THE SCALE
What does this pace mean over a minute or an hour?
Estimated federal debt · based on 2026-10-22. This calculates the modeled change in the balance, not the entire balance.
$5,802,221 USD
Calculation: stated rate × selected seconds. This is a scale illustration, not observed activity during that interval, a prediction or a change to the main counter. Actual activity varies; a negative rate represents a decrease.
What changed in the reported observations?
Estimated federal debt
2026-06-02: $39,221,984,586,285 → 2026-10-22: $40,444,342,709,389.
Difference: $1,222,358,123,104 (3.1% relative to the first displayed observation). This compares the first and last observations in this board’s displayed series, not necessarily consecutive periods or the same seasonal window. Check the source vintage and units before interpreting the change.
READING THIS BOARD
Does a higher debt balance mean that much was spent today?
No. Debt is an outstanding balance. Compare two official Treasury observations to measure its change; borrowing, repayments and cash management affect that change.
Make a fair comparison
Compare debt with federal revenue and spending over the same period. A daily debt change is not the annual budget deficit.
How this number works
Extend the average net change from 2026-07-24 to 2026-10-22 (90 calendar days) from the latest daily balance. The trend starts at the latest observation on or before 90 days earlier. Midnight UTC is the time convention. Freeze after seven days without a new observation.
A 90-day trend estimate, not a live Treasury balance. Daily borrowing and repayments can move debt in either direction; a negative trend remains negative. Source record date is not an intraday release time.
Official source
Audit trail & all metric versions
Source response preserved in immutable content-addressed archive.
SHA-256: 41ba336888f909887129391217c27bbc1aaadf260ac5c3743453ef30512e4e77
Estimated federal debt
- Period
- 2026-10-22
- Source release date
- Not supplied
- Version
- Debt to the Penny · record 2026-10-22
- Retrieved
- 2026-10-26T15:30:32.003Z
- Valid through
- 2026-10-29T00:00:00.000Z