#USNationalDebt The public debt of the United States is a measure of the obligations of the federal government of the United States.
Public debt of the United States from 1940 to 2021. The red lines indicate the debt held by the public (net public debt) and the black lines indicate the total public debt outstanding (gross public debt). The difference is that gross debt includes funds held by the government. The second graph shows the two debt figures as a percentage of the U.S. Gross Domestic Product (the dollar value of the economic production of the United States for that year). Data from the proposed budget by the president (Historical tables) and other listed tables. The upper graph is deflated for each year in 2010 dollars.