What is the current U.S. national debt?

The U.S. national debt is currently over $38 trillion and growing at approximately $33,000 per second. You can track the exact figure in real time at MK US Debt Clock, which pulls live data from the U.S. Treasury's Fiscal Data API.

How much U.S. debt does each citizen owe?

Based on the current national debt divided by the U.S. population of approximately 335 million, each citizen's share of the national debt is roughly $114,000. Each taxpayer's share is significantly higher at approximately $178,000, since not all citizens are taxpayers.

How much does the U.S. pay in interest on the national debt?

The U.S. federal government currently pays over $1 trillion per year in interest on the national debt, making it one of the largest line items in the federal budget. This figure is projected to grow as interest rates remain elevated and the debt continues to increase.

What is the U.S. debt-to-GDP ratio?

The U.S. debt-to-GDP ratio is currently above 120%, meaning the national debt exceeds the entire annual economic output of the country. Economists consider ratios above 90% to be a warning threshold, and the current level is historically unprecedented outside of wartime.

Who holds the U.S. national debt?

The U.S. national debt is held by a mix of domestic and foreign entities. The largest holders include the Federal Reserve, U.S. government trust funds (like Social Security), foreign governments (Japan and China are the largest), mutual funds, pension funds, and individual investors. Approximately 24% of the debt is held by foreign governments.

What is the federal budget deficit?

The federal budget deficit is the difference between what the government spends and what it collects in revenue each year. The current annual deficit exceeds $1.8 trillion. When the government runs a deficit, it must borrow to cover the shortfall, which adds to the national debt.

Marlowe Keynes | US Debt Clock & Analyzer

1. Introduction

Marlowe Keynes ("we," "us," or "our") operates the MK US Debt Clock platform ("Service"). This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our Service. We are committed to protecting your privacy and handling your data responsibly. Please read this policy carefully. If you do not agree with the terms of this Privacy Policy, please do not access the Service.

2. Information We Collect

We may collect information about you in a variety of ways. The information we may collect via the Service includes:

Personal Data: When you create an account or authenticate through our OAuth provider, we may receive your display name and a unique identifier. We do not collect email addresses, passwords, or other sensitive personal information directly.

Usage Data: We automatically collect certain information when you access the Service, including your browser type, operating system, access times, pages viewed, and the referring URL. This data is collected through standard web analytics and is used to improve the Service.

Cookies and Local Storage: We use session cookies to maintain your authentication state and local storage to remember your theme preference (light or dark mode). We do not use tracking cookies or third-party advertising cookies.

3. How We Use Your Information

We use the information we collect to: (a) provide, operate, and maintain the Service; (b) improve, personalize, and expand the Service; (c) understand and analyze how you use the Service; (d) maintain the security and integrity of the Service; (e) communicate with you about updates, changes, or issues related to the Service; and (f) comply with legal obligations. We do not sell, rent, or trade your personal information to third parties for marketing purposes.

4. Data Sharing and Disclosure

We may share your information only in the following circumstances: (a) with service providers who assist us in operating the Service, subject to confidentiality obligations; (b) if required by law, regulation, or legal process; (c) to protect the rights, property, or safety of Marlowe Keynes, our users, or the public; (d) in connection with a merger, acquisition, or sale of assets, in which case you will be notified of any change in ownership or use of your personal information. We do not share your data with advertisers or data brokers.

5. Data Retention

We retain your personal information only for as long as necessary to fulfill the purposes for which it was collected, including to satisfy legal, accounting, or reporting requirements. Usage data and analytics are retained in aggregate form and are not linked to individual users after 90 days. You may request deletion of your account and associated data at any time by contacting us.

6. Data Security

We implement appropriate technical and organizational security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. These measures include encrypted data transmission (TLS/SSL), secure authentication tokens, and regular security reviews. However, no method of transmission over the Internet or electronic storage is completely secure, and we cannot guarantee absolute security.

7. Third-Party Services

The Service may contain links to third-party websites or integrate with third-party services (such as authentication providers and data APIs). We are not responsible for the privacy practices of these third parties. We encourage you to review the privacy policies of any third-party services you access through our Service. Third-party data sources used by the Service (U.S. Treasury, FRED, etc.) are public government resources and are subject to their own terms of use.

8. AI-Generated Content

Certain features of the Service use artificial intelligence and large language models to generate analyses, summaries, and commentary. When you interact with AI-powered features (such as "Ask Marlowe"), your queries may be processed by our AI systems to generate responses. We do not use your queries to train AI models. AI-generated responses are not stored in association with your personal identity beyond the current session unless you explicitly save them.

9. Children's Privacy

The Service is not directed to individuals under the age of 13. We do not knowingly collect personal information from children under 13. If we become aware that we have collected personal information from a child under 13 without parental consent, we will take steps to delete that information promptly. If you believe we may have collected information from a child under 13, please contact us.

10. Your Rights

Depending on your jurisdiction, you may have the right to: (a) access the personal information we hold about you; (b) request correction of inaccurate data; (c) request deletion of your personal data; (d) object to or restrict certain processing of your data; (e) request portability of your data; and (f) withdraw consent where processing is based on consent. To exercise any of these rights, please contact us through the channels listed below. We will respond to your request within 30 days.

11. California Privacy Rights (CCPA)

If you are a California resident, you have the right to request disclosure of the categories and specific pieces of personal information we have collected about you. You also have the right to request deletion of your personal information and to opt out of the sale of your personal information. We do not sell personal information. To submit a request, please contact us using the information provided below.

12. International Users

If you are accessing the Service from outside the United States, please be aware that your information may be transferred to, stored, and processed in the United States where our servers are located. By using the Service, you consent to the transfer of your information to the United States, which may have different data protection laws than your country of residence.

13. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date. You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

14. Contact Us

If you have any questions or concerns about this Privacy Policy, please contact us through the Marlowe Keynes platform at mkinvestai.com.