Federal : State Data and Comparisons : Data-Z

U.S. Government

TIA Data

2024 Financial State of the Union (Released 3/7/2024) [Click the link to the left for the full report]

Use Create Your Own Federal Chart to see additional financial and economic data and rhetorical analysis

The U.S. Government owes more than it owns.

The U.S. Government's Taxpayer Burden™ is $966,000, and received an "F" from TIA.

The U.S. Government is a Sinkhole without enough assets to cover its debt.

Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of the government's bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, including unfunded Social Security and Medicare promises.

The U.S. Government only has $5.4 trillion of assets available to pay bills totaling $159.3 trillion.

Because the U.S. Government doesn't have enough money to pay its bills, it has a $153.9 trillion financial hole. To fill it, each taxpayer would have to send $966,000 to the federal government.

Although the Treasury Department does not include unfunded Social Security and Medicare promises on the federal balance sheet, these liabilities are included in this analysis.

Prior Years' TIA Data

2023 Financial State of the Union

2022 Financial State of the Union

2021 Financial State of the Union

2020 Financial State of the Union

2019 Financial State of the Union

Other Resources

Financial Report of the U.S. Government

Publishing Entity: U.S. Department of Treasury