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US National Debt Explodes $266,880,000,000 in One Month, With Majority of Americans ‘Deeply Concerned’ About September Shutdown

by Daily Hodl Staff
September 1, 2023
in Financeflux

The total amount of outstanding US debt is rapidly approaching the $33 trillion mark.

New stats from the government’s FiscalData platform show the country’s debt has exploded $266.88 billion in the last 30 days, bringing the grand total to $32.85 trillion.

The national debt crossed the $32 trillion milestone on June 15th.

And according to a new survey from the Peter G. Peterson Foundation, the vast majority of Americans want lawmakers to come together to tackle the nation’s fiscal future.

The survey found 91% of Democrats and 89% of Republicans want lawmakers to find solutions for the national debt and avoid future government shutdowns.

A majority of Americans are now “deeply concerned” about economic fallout from a potential government shutdown next month.

Seventy-percent of voters say they’re concerned that Congress will be unable to reach an agreement after the current budget year ends on September 30th, triggering a shutdown.

In addition, 69% of Democrats and 67% of Republicans say they would support the creation of a bipartisan commission that recommends comprehensive measures to reduce the national debt.

Eighty-percent of voters want the debt to be a top-three priority for the President and Congress, including 71% of Democrats, 78% of independents and 92% of Republicans.

The Foundation’s survey questioned 1,013 registered voters nationwide between August 21st and August 23rd, and the poll has a margin of error of plus/minus 3.1%.

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