Ways we lost debt
Tax on earnings
Income tax
Our current debt amount(rounded up)
34 trillion
Owns the most U.S. debt
Japan(1.1 trillion)
Michigan's sales tax
6%
Asher's favorite sport
Baseball
Tax on the rich
Wealth tax
The U.S. debt amount 3 years ago
27.3 trillion
Owns the second most U.S. debt
China(859 billion)
Florida's sales tax
6%
Sawyer's dog's name
Brody
A percentage-based tax on finished products at the point of purchase
Sales tax
The state that holds the most debt
California(541.24 billion)
Owns the third most U.S. debt
United Kingdom(668 billion)
7.25%
Asher's favorite color
Navy blue
The act of reducing budgeted expenditures
Budget cuts
The country that holds the most U.S. debt
Japan
Owns the fourth most U.S. debt
Belgium(331 billion)
Texas's sales tax
6.25%
Sawyer's favorite Fortnite skin
Default skin
The act of giving financial assistance to a failing business or economy to save it from collapse.
Bailout
Based on the current rates, what will the U.S. debt amount be in 2027?
45 trillion
Owns the fifth most U.S. debt
Luxembourg(318 billion)
Alaska's sales tax
None
Asher's dog's name
Skylar