The Department of the Treasury is the federal agency responsible for promoting economic prosperity and ensuring the financial security of the United States. As part of the executive branch of the US government, the Treasury Department is responsible for advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department operates and maintains systems that are critical to the nation's financial infrastructure, including the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government. The Department works with other federal agencies, foreign governments, and international financial institutions to encourage global economic growth, raise standards of living, and predict and prevent economic and financial crises. The Treasury Department implements economic sanctions against foreign threats to the US, and is tasked with identifying and targeting the financial support networks of national security threats and improving the safeguards of US financial systems.
Reports the total public debt outstanding of the United States government daily from 01/04/1993-current. The accounting system used to capture the daily national debt relies on reporting entities (eg, Federal Reserve Banks) to report a variety of Treasury security information at the end of the day. On the following business day, the Treasury accounting system processes this information and generates the public debt outstanding for the previous day, which is posted by 3 PM Eastern Standard Time.
This dataset reports the daily outstanding public debt of the United States government. The debt is reported and accounted for by the Bureau of Public Debt in accordance with statutory direction. Public debt (or "national debt") is the cumulative total of all US government borrowings less repayments, and is incurred when the US Treasury is required to borrow money to raise cash needed to keep the government operating as a result of on-budget deficits. The deficit is the fiscal year difference between what the government collects from taxes and other revenues (“receipts”) and the amount of money the government spends (“outlays”). The money is borrowed by selling securities, eg, Treasury bills, notes, bonds and savings bonds, to the public. These Treasury securities then become part of the total debt.
Bureau of the Public Debt, United States Department of the Treasury (2020-08-11). National Debt - Daily: National Debt - Daily, 01/04/1993 - 08/07/2020. Data Planet™ Statistical Datasets: A SAGE Publishing Resource. (Dataset). Dataset-ID: 036-002-001. https://doi.org/10.6068/DP170200556B498