U.S. Public Debt Reaches $39.93 Trillion: Treasury Data Shows Daily Increase - News and Statistics - IndexBox
U.S. Public Debt Reaches $39.93 Trillion: Treasury Data Shows Daily Increase - News and Statistics - IndexBox
Source: IndexBox
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DW NOTE
The US just crossed $40 trillion in public debt while running an $1.8 trillion deficit through the first ten months of fiscal 2026. That's happening with the Federal Reserve holding rates flat all year despite CPI at 3.4% — well above target. When you can't raise rates because the debt service cost would break the budget, and you can't cut rates because inflation hasn't cooperated, you're no longer conducting monetary policy. You're just hoping the bill comes due on someone else's watch.