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Analysis: Total US Debt Surpasses $37 Trillion for the First Time, Debt Crisis Growing More Severe
By: theblockbeats.news|2025/08/09 15:01:55
BlockBeats News, August 9th. According to The Kobeissi Letter, today, the total U.S. debt has officially surpassed $37 trillion for the first time in history. Since July 4th, when Trump signed the "Beautiful Act" and raised the debt ceiling, the U.S. debt has increased by an additional $780 billion, equivalent to an average daily increase of $220 billion.
Just last week, the U.S. government conducted 10 bond sales totaling $724 billion, making the U.S. debt crisis more severe than ever before.
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