The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from the Treasury Department’s Debt to the Penny system shows the country’s national debt rose from $34.297 trillion on February 21st to $34.571 trillion on April […]
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America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the penny” database shows the national debt is ballooning by about $1 trillion every 100 days. That’s a staggering $10 billion per day, $416.67 million per hour, $6.94 million per minute […]
The post US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department appeared first on The Daily Hodl.
A seemingly unrelenting wave of debt is piling onto America’s balance sheet. New data from the U.S. Treasury Department show the federal debt increased by over $296.524 billion from August 8th to September 8th, reaching a total of $32.940 trillion. The new numbers come as JPMorgan Chase CEO Jamie Dimon issues a warning on America’s […]
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The total amount of outstanding US debt is rapidly approaching the $33 trillion mark. New stats from the government’s FiscalData platform show the country’s debt has exploded $266.88 billion in the last 30 days, bringing the grand total to $32.85 trillion. The national debt crossed the $32 trillion milestone on June 15th. And according to […]
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The total outstanding debt owed by the US government is rising at a historic rate. The Treasury’s FiscalData platform shows $97.7 billion was added to the national debt between August 16th and August 22nd, bringing the grand total to $32.759 trillion at time of publishing. In a new blog post, finance guru Larry Mcdonald analyzes […]
The post US Debt Jumps $97,000,000,000 in One Week As Finance Expert Says ‘Jaw-Dropping’ Spending Will Fuel Era of Financial Repression appeared first on The Daily Hodl.
America’s national debt is rising at a rapid rate. The government’s FiscalData platform shows $116 billion has been added to the country’s total public debt since the start of August, bringing the grand total to $32.7 trillion. The rise comes amid a fresh fiscal warning from the Heritage Foundation. The conservative think tank’s EJ Antoni […]
The post US National Debt Surges $116,000,000,000 in August As Heritage Foundation Warns America Risks Reaching Point of No Return appeared first on The Daily Hodl.
Former US Treasury Secretary Larry Summers says America is walking a precarious path as the nation’s budget deficit reaches $1.613 trillion. Speaking in an interview with Bloomberg at the Aspen Economic Strategy Group Summit, Summers says that everything is suggesting that the US’ costs are about to vastly overshadow its revenue, creating a larger and […]
The post US Deficit Surpasses $1,600,000,000,000 As Larry Summers Warns America on Unsustainable Fiscal Trajectory appeared first on The Daily Hodl.
The total amount of outstanding US debt just hit a new record high. New numbers from the government’s FiscalData system show the nation’s debt jumped $54.9 billion in just five days. After crossing the $32 trillion mark on June 16th, the total debt accumulated by the US has now surged an additional $658 billion as […]
The post $54,900,000,000 Added To US Debt in Five Days As UN Issues ‘Grave Warning’ on Global Balance Sheets appeared first on The Daily Hodl.
Former Treasury Secretary Hank Paulson is sounding the alarm on America’s rapidly expanding debt. New numbers from the Treasury Department show the national debt jumped from $32.332 trillion on June 30th to $32.608 trillion on July 31st, marking an increase of more than $276 billion in a month. In a new Bloomberg Television interview, Paulson, who […]
The post US Debt Soars $276,000,000,000 in One Month As Hank Paulson Says America’s Borrowing Binge Needs Urgent Fix appeared first on The Daily Hodl.
The US government is dramatically raising its expectations on how much capital it needs to borrow this quarter amid a growing fiscal deficit and dwindling cash reserves. The Treasury Department says it has increased its Q3 borrowing estimate to $1.007 trillion, significantly higher than its prior May estimate of $733 billion. The Treasury says the […]
The post US Government To Borrow $1,000,000,000,000 in Q3 As Deficit Widens and Debt Servicing Costs Shatter 11-Year High: Treasury Estimate appeared first on The Daily Hodl.
