US National Debt Surpasses $38 Trillion Amid Growing Concerns
TL;DR Summary
The US gross national debt has surpassed $38 trillion, marking the fastest increase outside of the COVID-19 pandemic, raising concerns about higher inflation, borrowing costs, and future economic stability amid ongoing government spending debates.
- US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic AP News
- U.S. debt tops $38 trillion for the first time, worsened by government shutdown CBS News
- US national debt surpasses a record $38 trillion Al Jazeera
- Budget watchdog on $38 trillion national debt: 'It’s tough to decide what the most appalling part is of today’s announcement' Fortune
- As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’ Yahoo Finance
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