United States - Local government: Net lending or net borrowing (-) was -69.53900 Bil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Local government: Net lending or net borrowing (-) reached a record high of 1.66600 in January of 1973 and a record low of -191.62200 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Local government: Net lending or net borrowing (-) - last updated from the United States Federal Reserve on May of 2024.