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Already they are spending so much that they're increasing our debt by a trillion dollars every 100 days. ... If we didn't waste these trillion dollars on interest, we could give $3,000 tax cuts to ...
Nearly $2 billion is spent every day just in interest on the national debt, ... “With more than $10 trillion of interest costs over the next decade, this compounding fiscal cycle will only ...
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.
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
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]
In 2018, global government debt reached the equivalent of $66 trillion, or about 80% of global GDP, [18] and by 2020, global government debt reached $87US trillion, or 99% of global GDP. [6] The COVID-19 pandemic caused public debt to soar in 2020, particularly in advanced economies that put in place sweeping fiscal measures. [6]
Last year was supposed to be the year of huge federal spending. With the pandemic and lockdowns disrupting much of the economy, we had to make up the difference with borrowed money. We chewed ...
Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That's a debt load ...