Federal : State Data and Comparisons : Data-Z

U.S. Government

2025 Financial State of the Union (Released 4/15/2025)

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

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

The U.S. Government's Taxpayer Burden™ is $974,000, 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 $5.7 trillion of assets available to pay bills totaling $164.3 trillion.

Because the U.S. Government doesn't have enough money to pay its bills, it has a $158.6 trillion financial hole. To fill it, each taxpayer would have to send $974,000 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.