At the Current Pace, the U.S. Would Add $1 Trillion in Federal Debt Every 45 Days

The U.S. Federal debt is skyrocketing, recently escalating by $40 billion in a single day, reaching a staggering $33.55 trillion. With an astounding pace of potentially adding $1 trillion to the debt every 45 days, the financial future appears precarious. From 2008, the debt has catapulted by $24 trillion, now 3.8 times its initial size. Despite already increasing by over $2 trillion since the resolution of the debt ceiling crisis, with the ceiling now effectively uncapped until January 2025, the ultimate scale of U.S. debt remains alarming.