For those keeping track, US debt just jumped by another $40 ...
For those keeping track, US debt just jumped by another $40 billion in one day.
We are now at $33.55 trillion in Federal debt, just 25 days after it hit a record $33 trillion.
At the current pace, the US would add $1 trillion in Federal debt every 45 days.
Since 2008, the US has added $24 trillion in Federal debt, rising to 3.8x what it was in January 2008.
Total US debt is now officially up more than $2 trillion since the debt ceiling crisis "ended."
But, under the new bill, the debt ceiling is effectively uncapped until January 2025.
How high will US debt be in January 2025?
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