The U.S. national debt hit $13 trillion today, a stratospheric number with looming implications for every citizen.
With about 309 million people living in the U.S., the average American owns a $42,000 piece of debt — and the 110 million taxpayers owe an even larger chunk per person as the debt grows ever larger.
Below are some figures from the U.S. National Debt Clock, which tracks the red ink every second of every day.
According to the Debt Clock:
• Total national debt: $13 trillion
• Debt per citizen: $42,026
• Debt per taxpayer: $117,982
• Total interest due: $1.9 trillion
• Interest per citizen: $2,211
• Total personal debt: $16.5 trillion
• Total mortgage debt: $14.1 trillion
• Total consumer debt: $2.45 trillion
• Personal debt per citizen: $53,483
• Debt held by foreign countries: $4.07 trillion
The Debt Clock is not run by the U.S. government, but the information it collects comes from a range of government sources, including the U.S. Treasury, the Federal Reserve, the Congressional Budget Office, the Office of Management and the Budget, the U.S. Census and the Bureau of Labor Statistics.