Debt, Deficit & Interest History

  On this page you will find the National Debt by year and Interest paid each year along with the Deficit from 1980 until the present.

 
 Where did these numbers come from and more importantly can they be trusted?

  These numbers came from the Bureau of Public Debt, a part of the U.S Treasury Department.

 
The Deficit for the year 2000 is not a typo; President Clinton did get the deficit down to $17.9 Billion. President Bush’s tax cuts, two wars, along with Quantitative Easing 1 (QE1) and Quantitative Easing 2 (QE2) brought about the financial mess we face today.
[Editors note: I do not care for the Clintons but the truth is what matters.]

Why are the Bankers interested in raising the rates
they are sitting on a serious pile of cash because of QE1 & QE2
.

Follow the Money

Stopping this runaway debt and interest serves the “Common Good”

President

Year

Debt

Deficit

Interest/Usury

Carter

1980

$   907,701,000,000

$   81,182,000,000

$ 74,900,000,000 

Carter/Reagan

1981

$   997,855,000,000

$   90,154,000,000

$ 95,600,000,000

Reagan

1982

$ 1,142,034,000,000

$  144,179,000,000

$117,400,000,000

Reagan

1983

$ 1,377,210,000,000

$  235,176,000,000

$128,800,000,000

Reagan

1984

$ 1,572,266,000,000

$  195,056,000,000

$153,800,000,000

Reagan

1985

$ 1,823,103,000,000

$  250,837,000,000

$178,900,000,000

Reagan

1986

$ 2,125,302,000,000

$  302,199,000,000

$190,200,000,000

Reagan

1987

$ 2,350,276,000,000

$  224,974,000,000

$195,400,000,000

Reagan

1988

$ 2,602,337,000,000

$  252,061,000,000

$214,100,000,000

Reagan/Bush

1989

$ 2,857,430,000,000

$  255,093,000,000

$240,145,000,000

Bush

1990

$ 3,233,313,000,000

$  375,883,000,000

$264,852,000,000

Bush

1991

$ 3,665,303,000,000

$  431,990,000,000

$286,021,000,000

Bush

1992

$ 4,064,620,000,000

$  399,317,000,000

$292,361,000,000

Bush/Clinton

1993

$ 4,411,488,000,000

$  346,868,000,000

$292,502,000,000

Clinton

1994

$ 4,692,749,000,000

$  281,261,000,000

$296,277,000,000

Clinton

1995

$ 4,973,982,000,000

$  281,233,000,000

$332,413,000,000

Clinton

1996

$ 5,224,810,000,000

$  250,828,000,000

$343,955,000,000

Clinton

1997

$ 5,413,146,000,000

$  188,336,000,000

$355,795,000,000

Clinton

1998

$ 5,526,193,000,000

$  113,047,000,000

$363,823,000,000

Clinton

1999

$ 5,656,270,000,000

$  130,077,000,000

$353,511,000,000

Clinton

2000

$ 5,674,200,000,000

$   17,930,000,000

$362,997,000,000

Clinton/Bush

2001

$ 5,807,500,000,000

$  133,300,000,000

$359,507,000,000

Bush

2002

$ 6,228,200,000,000

$  420,700,000,000

$332,536,000,000

Bush

2003

$ 6,783,200,000,000

$  555,000,000,000

$318,148,000,000

Bush

2004

$ 7,379,000,000,000

$  595,800,000,000

$322,566,000,000

Bush

2005

$ 7,932,000,000,000

$  553,000,000,000

$352,350,000,000

Bush

2006

$ 8,507,000,000,000

$  575,000,000,000

$405,872,000,000

Bush

2007

$ 9,007,653,372,262

$  500,653,372,262

$429,977,000,000

Bush

2008

$10,024,724,896,912

$1,017,071,524,650

$451,154,049,950

Bush/Obama

2009

$11,909,829,003,522

$1,885,104,106,610

$383,071,000,000

Obama

2010

$13,561,632,030,891

$1,651,803,027,369

$413,954,000,000

Obama

2011

$14,790,340,328,417

$1,228,708,297,526

$454,393,280,417

Obama

2012

$16,066,241,407,385

$1,275,901,078,968

$359,796,000,000

Obama

2013

$16,738,183,526,697

$  671,942,119,312

$415,688,000,000

Obama

2014

$17,824,071,380,733

$1,085,887,854,036

$430,812,000,000

Obama

2015

$18,150,617,666,484

$  326,546,286,750

$402,435,356,075

Obama

2016

 

 

 

   There are a large number of people who do not understand the correlation between debt and deficit; the definitions for those words have been included.
DEBT: How deep the hole is: The total amount of money that has been borrowed. ($19.9 Trillion)
DEFICIT: How fast the hole is being dug each year: how much more the government has spent (like a credit card) during the year then the government has received.
 

  We have a problem; in the 2 weeks of Oct. 30, 2015 and Nov 13, 2015 this nation has gone an additional $500 Billion into debt ($501,525,674,826.82). While extraordinary measures helped make the 2015 deficit of $326,546,286,750 look good, reality sucks.
   What this nation suffered was a manipulation of the books; sadly if the books were doctored concerning the deficits the odds are that the books have been manipulated concerning the interest payments also.

  These numbers are to the best of my knowledge sound until 2009 at which time interest paid out changed radically from the year before. In 2012 $75 Billion was transferred from a DOD account (Department of Defense) and used as an Interest payment. The Bureau of Public Debt admitted to this in 2012, but since then the references’ have been removed, hence the lack of trust in the numbers after 2012.
  Transferring funds as was done in 2012; I firmly believe is still continuing and is a violation of Federal Law, either misallocation of government funds or misappropriation of government funds. A month by month pay out for 2012, 2013 and 2014 are no longer available but 2015 was and has been posted here also.

Interest Expense Fiscal Year 2015

September

$20,838,183,531.62

August

$30,726,423,238.94

July

$32,394,069,518.20

June

$93,014,300,735.21

May

$32,692,847,170.84

April

$31,782,109,819.31

March

$14,139,980,828.36

February

$13,153,330,688.79

January

$15,104,681,505.17

December

$86,460,237,565.98

November

$23,427,024,656.86

October

$8,702,166,816.21

Fiscal Year Total 2015

$402,435,356,075.49

  Compare the Billions paid out between October, November, JanuaryFebuaryMarch and September verses April, May, July and August; best guess is because someone got away with the absconding of $75 Billion from the DOD in 2012 this Misappropriation of Government Funds has become a Standard Operating Procedure by someone in the Treasury Department who is involved in the oversight of the Bureau of Public Debt.

From the Congressional Budget Office (CBO)
Extraordinary Measures
have become

Standard Operating Procedures

Congress and White House Reach Tentative Budget Deal

By David M. Herszenhorn
The New York Times
OCT. 27, 2015 

These two paragraphs excerpted from above article

  The Treasury Department had said that the government would default on its debt if the statutory borrowing limit was not raised by Nov. 3. And a temporary spending measure, which kept the government from shutting down at the start of October, will run out on Dec. 11.
  The tentative agreement reached Monday night would solve each of those problems. It would keep the government financed through Sept. 30, 2017, well after Mr. Obama leaves office. And, the debt limit would be raised — technically suspended, allowing the Treasury to borrow whatever it needs — until March 2017