U.S. Government Debt Accumulation Hits R

U.S. Government Debt Accumulation Hits Record Speed: From $36 Trillion to $38 Trillion, Why the Expansion Rhythm Has Accelerated Sharply?

 

Recently, the U.S. debt issue has once again attracted global attention. According to U.S. media reports, it took more than 8 months for the U.S. government debt to rise from $36 trillion to $37 trillion, while it only took a little over 2 months to go from $37 trillion to $38 trillion, setting a historical record for debt accumulation speed.

 

The latest data released by the U.S. Treasury Department shows that as of October 21, 2025, the total U.S. national debt has exceeded $38 trillion for the first time. This figure is less than a year after breaking the $36 trillion mark in December last year and only a little over two months after surpassing $37 trillion in mid-August this year.

 

Such a rapid debt expansion speed reflects the continuous expansionary trend of U.S. fiscal policy. For a long time, the United States has maintained government operations and implemented economic stimulus plans through large-scale borrowing. The rapid accumulation of this debt not only poses a challenge to the fiscal sustainability of the United States domestically but may also have a profound impact on the global financial market. Investors and economists are closely watching the next direction of U.S. debt and the economic risks and policy games implied behind this record.