U.S. federal debt has officially exceeded $39 trillion for the first time, increasing by approximately $2 trillion over the past 8 months
Since the debt ceiling was suspended in early July, U.S. debt has increased by approximately $2.8 trillion
Since 2018, total U.S. debt has nearly doubled, with U.S. debt currently representing approximately 124% of GDP
Meanwhile, according to projections from the U.S. Congressional Budget Office, U.S. debt will increase by approximately $2.4 trillion annually over the next 10 years, reaching approximately $64 trillion by 2036
The U.S. debt problem is rapidly
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