The #NationalDebt just surpassed $34.5 trillion, up over $100 billion so far in March. At this rate the National Debt will rise $300 billion during the month. That's a annual pace of $3.6 trillion. Rising deficits will likely push the National Debt over $40 trillion by next year!
— Peter Schiff (@PeterSchiff) March 11, 2024
“The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days.
The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months.
U.S. debt, which is the amount of money the federal government borrows to cover operating expenses, now stands at nearly $34.4 trillion, as of Wednesday. Bank of America investment strategist Michael Hartnett believes the 100-day pattern will remain intact with the move from $34 trillion to $35 trillion.”
www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html
Food For Thought #NationalDebt #FED pic.twitter.com/qK4ux76xbA
— O’Hare Trade • Dude Diligence 🐢🏴☠️ (@OHare888) March 7, 2024
The White House request for 2025 does not contain financial resources for the needs of Ukraine due to the lack of agreement in the US Congress on this issue.
Federal News Network reports this.
If the publication’s information turns out to be true, then this can be regarded as a… pic.twitter.com/K0skvlL0t1
— M e d i a s e t * S * (@MediasetS1) March 12, 2024