BTCC
/
BTCC Square
/
Global Cryptocurrency
/
US Federal Debt Ballooned by $1+ Trillion in 48 Days – Why?
US Federal Debt Ballooned by $1+ Trillion in 48 Days – Why?
11
2
BTCCSquare news:
The US Federal Debt has surged by over $1 trillion in just 48 days, averaging $21 billion daily. As of August 11, 2025, the gross national debt exceeded $37 trillion, with spending levels mirroring those of World War II and the 2008 financial crisis.
The fiscal year 2025 deficit stands at $1.63 trillion, a 7.4% increase year-over-year. Government spending ROSE 9.7% YoY to $630 billion last month, while revenue grew a modest 2.5%. Debt-to-GDP has reached 100%, with projections indicating further escalation.
The Kobeissi Letter highlights the unsustainable trajectory: "We are on track to run $2 trillion+ deficits as debt rises along with interest rates." The question remains—why is the US federal debt accelerating at this unprecedented pace?
By:
