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The US National Debt Clock Is Ticking

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US National Debt Clock website screenshot.

We recently discovered a great website, which provides live US National Debt Clock with a myriad of useful calculations. Below is the summary provied by the site's owners and a reference to the site itself.

"The purpose of this website is to inform the public of the financial condition of the United States of America. We are dedicated to bringing to the public the most accurate up-to-date debt information possible. The numbers are laid out in such a way to give a complete real-time snapshot of the country's balance sheet. Although the numbers involved are enormous, it is still easy to see the relative balance between weath generated and wealth consumed.

All the debt clocks on the site are updated continuously to the most precise calculations, using complex formulas and exacting standards, and the values displayed are verified from the best sources available.

America is a proud country with a long history of triumphing over extreme circumstances. The debt crisis that the Government and individuals face is the most pressing issue of our time. We must begin to confront this challenge head-on and not squander away the future financial health of this nation."

The website owners claim no government agency association and no affiliation with politically active party, organization or lobbying group. The sources of the data used are sources like US Census, US Treasury, Congressional Budget Office, etc. While it seems to take a bit for all information to load he clock could be viewed here.

 

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US National Debt Clock website screenshot.