The national debt increased

[MaineBlueBear]

Last edited Mon Oct 27, 2025, 07:22 PM - Edit history (1)

by a trillion dollars in eight weeks.

[Wiz Imp]

1. Not the deficit. It's the National Debt that increased by $1 trillion in 8 weeks

https://finance.yahoo.com/news/us-hits-38-trillion-debt-212347482.html

US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.

It's also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year.

The $38 trillion update is found in the latest Treasury Department report, which logs the nation’s daily finances.

Kent Smetters of the University of Pennsylvania’s Penn Wharton Budget Model, who served in President George W. Bush’s Treasury Department, told The Associated Press that a growing debt load over time leads ultimately to higher inflation, eroding Americans' purchasing power.

[MaineBlueBear]

2. Thanks

for the link and correction

[Wiz Imp]

3. Thank you for posting about it to begin with since I hadn't

Heard it mentioned in the traditional media.