Over 26% of U.S. Federal Debt to Mature Within a Year

The assessment is based on a synthesis of highly credible and relevant sources. The core of the verification relies on a simple calculation: (Debt Maturing Within One Year) / (Total Federal Debt).A highly relevant Facebook post by prominent economist Mohamed El-Erian provides a specific figure for the numerator: "We have $9 trillion in debt to refinance this year." This figure represents the amount of debt maturing and needing to be rolled over.The Monthly Treasury Statement is cited as the primary source for the total outstanding federal debt (the denominator). As of early 2024, the total U.S. Federal Debt is approximately $34 trillion.Performing the calculation using these figures: ($9 trillion / $34 trillion) * 100 ≈ 26.47%.This result (26.47%) is indeed "more than 26%," which directly supports the statement's truthfulness.The confidence in this assessment is high because the claim is corroborated by data from a credible expert and is consistent with information found in primary government sources. The U.S. Treasury's Quarterly Refunding Documents are described as the definitive source for the maturity structure of U.S. debt. The existence of such a detailed, official report makes it very plausible that the specific percentage in the statement was derived directly from this primary data, and the calculation using El-Erian's expert commentary confirms its accuracy.