Merry Christmas: Federal Debt Up $1.37 Trillion Since Last Dec. 25; $10,743 Per Household

By Terence P. Jeffrey | December 24, 2018 | 12:37pm EST
House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi at the U.S. Capitol, Jan. 17, 2018. (Getty Images/Al Drago-Pool)

(CNSNews.com) - The federal government has added another $1,370,760,684,441.54 to the debt since last December 25, according to numbers published by the U.S. Treasury.

On Dec. 25, 2017, the federal debt was 20,492,874,492,282.58, according to the Treasury.

According to the latest numbers published by the Treasury, which show where the debt stood on Dec. 20, 2018, the federal debt was $21,863,635,176,724.12.

According to the Census Bureau, the population of the United States as of this month is 328,082,386. That means the $1,370,760,684,441.54 Christmas-to-Christmas increase in the debt equals approximately $4,178.10 per person.

The Census Bureau estimates there were 127,586,000 households in the United States in 2018. That means the $1,370,760,684,441.54 Christmas-to-Christmas increase in the debt equals approximately $10,743.82 per household.

 

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