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.
FistingEnthusiast@lemmynsfw.com 1 day ago
Because conservatives are fuckwits who are bad with money
A few get rich by shitting on people, stealing the work and ideas of others, and somehow people think that it automatically makes them experts on matters of finance
The US is a fucking joke