The U.S. national debt is approaching $40 trillion, having grown by $450 billion since July 1 at a pace of more than $15 billion per day, according to a widely circulated economic analysis.
The U.S. national debt is rapidly approaching $40 trillion, with a reported increase of $450 billion since July 1 — a pace of over $15 billion per day, according to a widely circulated economic monitor. The debt stood at $39.5 trillion as of mid-July, as The Zioneer reported on July 17. The accelerated growth, driven by ongoing federal spending and interest payments, underscores the scale of U.S. fiscal obligations amid global economic uncertainty.
- DevelopingUS public debt surpasses $40 trillion for the first time, Treasury says
- DevelopingUS national debt hits record $39.5 trillion amid Iran war
- DevelopingUS GDP growth last quarter at 1.5%, well short of expectations
- StrongBank of Israel foreign reserves approach $300 billion as shekel surges, central bank intervenes
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