TABLE 13-3 Net Public Debt of the Federal Government TOTAL (BILLIONS OF YEAR CURRENT DOLLARS 1940 427 235.2 1950 2190 1970 284.9 7093 1990 2,410.1 1992 2,9986 3,247.5 1994 3,432.1 1995 3,.6034 1996 3,747.1 1997 39000 1998 3,S70.0 1999 3,.632.9 2000 3,448.6 201 3.200.3 2002 3,528.7 3,S78.4 2004 4,254.5 estinate SOURcE: U.S. Office of Management and Budget