The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion

The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion

SGT Report - 2024-01-04 - Original post - Cached copy

by Wolf Richter, Wolf Street: Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress. The total US national debt spiked by $1.0 trillion in 15 weeks since September 15, to $34.0 trillion, according to the Treasury Department’s figures this afternoon. In the seven […]

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