Yikes!!! US National Debt Increased By Almost $1 Trillion In Only ONE MONTH

[JGalt]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

 

[Votto]

It's called a planned reset, just like the Plandemic with Covid, only, more will die from their economic reset.

And they will blame Capitalism/Trump/GOP/Putin or anything else other then themselves.

 

[mamooth]

What the hell?

Yeah. You're pretending you care about deficits, after smooching Trump's and Bush's butt, and spitting hate at the Democrats who reduce deficits?

That lie is really worn out. Find a new one.

 

[Votto]

Yeah. You're pretending you care about deficits, after smooching Trump's and Bush's butt, and spitting hate at the Democrats who reduce deficits?

That lie is really worn out. Find a new one.

It's fair to thow the GOP under the bus as well

After all, they signed on with the DNC's last massive spending bill, despite knowing the GOP was about to take the House

Unforgivable.

The entire Federal government is at war with the citizens they are suppose to represent.

 

[MaryL]

But Biden says he is fighting inflation and created new jobs...the guy had two aneurysms and can't speak clearly or walk on stairs. America has record inflation, record numbers of joblessness and spending, and high crime rates and democrats persecute whites or political rivals under the pretense of "fighting oppression and hate". I am so done with these lying manipulative assholes.

 

[Votto]

But Biden says he is fighting inflation and created new jobs...the guy had two aneurysms and can't speak clearly or walk on stairs. America has record inflation, record numbers of joblessness and spending, and high crime rates and democrats persecute whites or political rivals under the pretense of "fighting oppression and hate". I am so done with these lying manipulative assholes.

Well, sure, what is your point?

 

[Moonglow]

The purse strings are controlled by the GOP led House of Representatives.

 

[ActionJackson]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

Here's the National Debt Clock. Just look how quickly the debt is going up and the interest on that debt. Bidenomics will assure that it will NEVER be paid or even reduced.

https://www.usdebtclock.org/

 

[Kruska]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

Only for your eye's - it's kind of a daily, look-into, ritual for China and me

https://www.usdebtclock.org/#

 

[jackflash]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

RELAX, as it's only paper & digits. When the M.I.C. spikes 50% in a month & social insecurity so called benefits drop 75% in the same month that's when the Americano constituency will come out complaining in force like enraged indentured servants!

 

[ActionJackson]

RELAX, as it's only paper & digits. When the M.I.C. spikes 50% in a month & social insecurity so called benefits drop 75% in the same month that's when the Americano constituency will come out complaining in force like enraged indentured servants!

Every day that Bidenomics increases inflation, social security benefits drop by default. That tiny check can't even keep up with the current cost of living --- let alone Biden's future economic disaster.

 

[MaryL]

Trump impeached over mere allegations, sheer gossamer allegations, That where just Hillary Clinton inspired lies. Great. Biden got millions from China and cocaine in the white house. We need iron clad links and absolute undeniable facts. But Impeaching Trump based on gossamer thin no threads or links needed, based on mere a allegations? I go banned for that, But Democrats aren't held to that same high level. Impeach a president WITHOUT proof , TWICE? I got banned for less.

 

[Rambunctious]

Idiot liberals...

 

[excalibur]

The purse strings are controlled by the GOP led House of Representative.

They didn't pass several titanic bills under Biden, that was Pelosi and the Democrats.

 

[LA RAM FAN]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

The fact that Langley shill candyass says it’s fake news,proves you are onto something.

 

[HikerGuy83]

and spitting hate at the Democrats who reduce deficits?

O.K.

How does this reconcile with the data from the OP ?

 

[LA RAM FAN]

Every day that Bidenomics increases inflation, social security benefits drop by default. That tiny check can't even keep up with the current cost of living --- let alone Biden's future economic disaster.

And our resident paid shills fir the dnc like Toro sealybobo Billo_Really bodecea McRib Mac1958 Dragonlady dragonidiot,ElmerMudd JimH52 Synthaholic Unkotare Penelope Care4all ect ect they can only sling shit in defeat like the monkey trolls they are throwing chairs at the wall in anger as their hero keeps getting exposed more and more as the most corrupt president ever.

 

[Moonglow]

They didn't pass several titanic bills under Biden, that was Pelosi and the Democrats.

They did the same during Trump

 

[NewsVine_Mariyam]

What the hell? At this rate, something's gonna break pretty soon. How can the US go $865 billion in debt in only one month?

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP​

The US national debt has surged by nearly a trillion dollars in just one month.

The latest numbers from FiscalData show that on June 2nd of this year, the total public debt outstanding of the country stood at $31.467 trillion.

A month later, on June 30th, that figure rose to $32.332 trillion, an eye-popping increase of $865 billion.

The sharp growth in US debt over a 28-day time frame is larger than the combined gross domestic product (GDP) of three large global economies.

Data from the World Bank shows that Hong Kong’s GDP hovered at $359.83 billion as of 2022. In the same year, Finland registered a GDP of $280.82 billion, while Greece’s economy produced $219.06 billion.

In total, the three economies produced $859.71 billion in wealth last year, a figure that’s lower than the debt accumulated by the United States in four weeks.

Last month, the Congressional Budget Office (CBO) released a report that projected US debt will dramatically outpace GDP growth, and it will be worth nearly three times the country’s GDP in three decades.

The CBO predicted that by 2053, US GDP will rise to $79.5 trillion with debt meteorically ascending to $143.895 trillion.

According to the federal agency, the hemorrhaging US debt will likely have detrimental effects on the US economy.

“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of US debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece's Combined GDP - The Daily Hodl

Didn't we just send a huge aid package to Ukraine?

 

[Kruska]

They did the same during Trump

Okay fair - but how much of that additional debt was to to paying up the dues for wars that the preceding democrat administration kept alive - and was ended by Trump?
And social programs enacted by the Obama administration that cost US$ trillions?