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US national debt hits $36 trillion, a new record

The US national debt has surpassed $36 trillion, reaching $36.03 trillion after a $61 billion increase today, according to the Treasury Department.
In 2024, the national debt surged by $2 trillion, despite higher-than-average GDP growth.
Debt service costs are projected to exceed $1 trillion next year, surpassing national security spending due to rising inflation impacts.

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247wallst.com

This Is What Would Happen If the U.S. Just Refused to Pay the National Debt

The United States has the biggest debt in its history, an eye-watering $36 trillion. Much of that is owed to foreign countries, so understandably, some people wonder, what would happen if we just refused to pay it? We have the strongest military in the world. How are they going to collect on that debt if we just say “no?” This article will explore that path, and then you decide if we should keep on making those debt payments or tell the rest of …

4 months ago·New York, United States

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Sons of Liberty Media

Media Suddenly Rediscovers National Debt » Sons of Liberty Media

What a difference an election makes. Amelia Earhart. Jimmy Hoffa. The national debt. For four years the national debt had vanished from the radar even as the Biden administration engaged in massive spending sprees that goosed inflation while diverting money to the Democrat base. Will this presidential election be the most important in American history? …

The Washington Standard

Media Suddenly Rediscovers National Debt

What a difference an election makes. The post Media Suddenly Rediscovers National Debt appeared first on Frontpage Mag.

4 months ago

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Fortune

As US debt hits $36 trillion, about 1 in 5 dollars the government spends now repays investors for borrowed money

“It's clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance."

4 months ago·New York, United States

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crfb.org

Gross National Debt Reaches $36 Trillion | Committee for a Responsible Federal Budget

Gross National Debt Reaches $36 Trillion 2024-11-22 The gross national debt of the United States reached $36 trillion yesterday, just over three months since the

US National Debt Exceeds $36 Trillion as Fed Survey Warns of Risk to Financial Stability

The U.S. gross national debt surpassed $36 trillion on Thursday, according to Treasury data, while a Federal Reserve report showed intensifying concern about America’s fiscal health and its broader implications for financial stability. The massive debt milestone was reached just over three months after the previous $35 trillion benchmark, highlighting the rapid accumulation of federal borrowing in recent years. It comes as policymakers brace for…

4 months ago·New York, United States

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