US debt reaches $37 trillion years before expected
In January 2020, the CBO estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030.
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Does anyone have data about how much additional debt has been piled since Trump started second term?
But how could that be possible? He's a master businessman!
Ahh! Russia! Global Warming! The libs! Immigrants!
A fuckton of it.
I am sure but does anyone have a number?
On Jan 21, 2025 the federal debt was $36,218 billion. Today it is $37,070 billion. That is a 2.35% increase in just 7 months. $852B. https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny
How much is it "supposed" to increase?
It doesn't have this data
The interest alone is $1 trillion every 100 days.
Fun times ahead