Since the debt ceiling crisis “ended” in June 2023, total US debt has grown by ~$3 trillion.
Since October 1, the US government has been borrowing ~$10 billion per day.
And what's the worst thing?
For the next 340 days, the US debt ceiling is effectively unlimited.
If they continue to borrow at current rates, the federal debt could top $37 trillion this year.
Mind-blowing numbers.
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