Resolution criteria
This market will resolve based on the increase in the United States gross national debt on May 21, 2025. The debt increase will be calculated by subtracting the total gross national debt at the end of May 20, 2025, from the total at the end of May 21, 2025. Official figures will be sourced from the U.S. Department of the Treasury's "Debt to the Penny" dataset, available at https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny.
Background
As of May 5, 2025, the total gross national debt of the United States was $36.21 trillion. Over the past year, the debt increased by approximately $1.66 trillion, averaging a daily increase of about $4.54 billion. This equates to roughly $188.98 million per hour, $3.15 million per minute, or $52,493.44 per second. (jec.senate.gov)
Considerations
Daily Variability: The daily increase in national debt can fluctuate due to various factors, including government spending patterns, revenue collection, and issuance of Treasury securities.
Data Reporting: Official debt figures are typically updated with a slight delay. Ensure to check the most recent data available for accurate resolution.
Economic Events: Significant economic events or policy decisions occurring on May 21, 2025, could influence the day's debt increase.