Data from the US Treasury Department showed that the US debt burden has been growing at a faster pace in recent months, increasing by about $1 trillion every 100 days.
According to the data, the US national debt exceeded $ 34 trillion in January 2024, after reaching $ 33 trillion on September 15, 2023, and $ 32 trillion on June 15 of the same year. Before that, the $31 trillion increase from $31 trillion took nearly eight months, clearly showing the acceleration of the debt mountain's growth. Bank of America expects the 100-day pattern to continue with a move to the new $35 trillion barrier.
Source (Al Khaleej Emirati Newspaper, Edited)
