Not including interest, the US public debt amounts to $40,365 on a per capita basis.

Question

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As of my last update in 2023, the U.S. public debt was approximately $31 trillion. Given the U.S. population of around 331 million people, this equates to about $93,656 per person. However, the statement provided specifies a figure of $40,365, which is not accurate based on the total public debt and current population figures. Therefore, the statement is false based on the most recent data.

Not Including Interest, the US Public Debt Amounts to $40,365