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In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [12] By November 2024, the debt had grown to $36 trillion. [13] [11] Debt to GDP
Following the downgrade itself, the DJIA had one of its worst days in history and fell 635 points on August 8. [17] The GAO estimated that the delay in raising the debt ceiling raised borrowing costs for the government by $1.3 billion (~$1.74 billion in 2023) in 2011 and noted that the delay would also raise costs in later years.
Already they are spending so much that they're increasing our debt by a trillion dollars every 100 days. ... waste these trillion dollars on interest, we could give $3,000 tax cuts to every man ...
During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008. [ 34 ] [ 35 ] In the aftermath of the global financial crisis of 2007–08 and related significant revenue declines and spending increases, debt held by the public increased to $11.917 trillion ...
The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.
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By 2009 this figure had risen to $7.8 trillion, but the federal government's debt-to-GDP ratio had fallen to 54.75%. [2] In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [24]
Intragovernmental debt accounts for about $6.8 trillion of the national debt, the CRFB reported in September when the debt crossed the $33 trillion mark. The much bigger piece of the debt is held ...