By June 1, a debt ceiling agreement must be finalized. The U.S. could default if politicians fail to act—causing many stark consequences.
Can you picture what $31.4 trillion looks like? This graphic stacks up $1 bills to visualize U.S. debt in physical form.
Since 2003, U.S. household debt has doubled to over $14.5 trillion. We break down the components of this colossal figure.
This chart shows the history of the U.S. debt ceiling from 1970 until today, including the current proposal to increase it to $19.6 trillion.