$57,200,000,000 Added to US Debt in Four Days

Source: https://dailyhodl.com/2023/07/23/57200000000-added-to-us-debt-in-four-days-as-billionaire-david-rubenstein-issues-warning-on-americas-economic-future/
Published: Jul 24, 2023
Author: Mike Rivero
Post Date: 2023-07-24 10:02:30 by Horse
Views: 56

The amount of total outstanding public debt on America’s balance sheet is soaring.

Newly updated numbers from the government’s Fiscal Data platform show the country’s debt has surged by $57.2 billion in just four days.

After surpassing the $32 trillion mark on June 16th, the total debt accumulated by the US has already jumped an additional $590 billion as of July 20th.

In a new interview on Bloomberg TV, billionaire investor David Rubenstein says the US can only manage its ever-increasing pile of debt with inflation, which will further expand America’s income inequality gap.

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