America turns 250 owing $39 trillion
Official Treasury data puts the US national debt at $39.4 trillion on the country's 250th birthday, about $115,000 for every American.
- It took the US 206 years to owe its first trillion, reached in 1982.
- The latest trillion took under five months: the debt passed $38 trillion on October 21 and $39 trillion on March 17.
- The figures come straight from the Treasury's own daily ledger, 'Debt to the Penny', updated every business day.
Why it matters: The pace is the story: from one trillion in two centuries to one roughly every five months, borrowed against the same public celebrating the anniversary.
US Treasury, Debt to the Penny ↗ · Jul 5, 20267/5/26 · ✓ Checked✓