The national debt refers to the amount of money that the US government owes. Currently, the national debt is slightly over 17 trillion dollars.
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The national debt clock is a real time running total display which constantly updates to show the current national debt of the United States. You can find it at the website US Debt Clock.
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As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.
Currently the US national debt is about 13 trillion dollars, and this is an extremely large amount. The nation is deeply in debt. Debts are expensive because lenders charge interest.
Andrew Jackson was the last US president to leave office with no virtually no national debt.