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September 1, 2023

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

By Daily Hodl Staff

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.

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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.

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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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