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Sound Money News - U.S. Debt Rising by 1 Trillion Every 100 Days
1 year ago
54
On January 4th, the national debt exceeded the $34 trillion mark. Financial experts are raising concerns over the rapid growth of this fiscal load, highlighting a pronounced increase that may have profound economic consequences.
For context, the debt had increased to $33 trillion by September 15th, following its rise to $32 trillion on June 15th, just three months earlier. This contrasts with the previous eight-month period required for the debt to climb from $31 trillion, indicating a marked escalation in government borrowing.
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