U.S. Debt Reaches $39.99 Trillion: Treasury Data Shows Record High - News and Statistics - IndexBox
U.S. Debt Reaches $39.99 Trillion: Treasury Data Shows Record High - News and Statistics - IndexBox
Source: IndexBox
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DW NOTE
The U.S. has added $3 trillion to the national debt in twelve months — roughly the entire annual output of France — while running a deficit of $1.4 trillion through June alone. The Treasury is paying 4.68% on ten-year paper, which means debt service now exceeds defense spending, Medicare, or any discretionary line item except Social Security.