The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down in 2026 despite the growing criticism of massive levels of government spending.
The national debt, which measures what the U.S. owes its creditors, fell to $38,372,153,717,621.09 as of Dec. 30, according to the latest numbers published by the Treasury Department. That is a decrease of about $14 billion from the figure reported the previous day.
By comparison, just four decades ago, the national debt hovered around $907 billion.
Interest payments on the debt for the government's fiscal year, which begins in October, now exceed the costs of Medicare and the defense budget.....................
www.foxbusiness.com
The national debt, which measures what the U.S. owes its creditors, fell to $38,372,153,717,621.09 as of Dec. 30, according to the latest numbers published by the Treasury Department. That is a decrease of about $14 billion from the figure reported the previous day.
By comparison, just four decades ago, the national debt hovered around $907 billion.
Interest payments on the debt for the government's fiscal year, which begins in October, now exceed the costs of Medicare and the defense budget.....................
National Debt Tracker: American taxpayers (you) are now on the hook for $39,071,200,457,366.45 as of 5/22/26
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.