
"Trump's first year back in the White House closed with the U.S. national debt roughly $2.25 trillion higher than when he retook the oath of office, showing how fast Washington's red ink is piling up even amid DOGE hype and promises to pay it down. Over the calendar year 2025, the growth in the national debt was even higher, some $2.29 trillion."
"The jump from $37 trillion to $38 trillion in just two months between August and October was particularly notable, with the Peterson Foundation calculating at the time that it was the fastest rate of growth outside the pandemic. Michael A. Peterson, CEO of the nonpartisan watchdog dedicated to fiscal sustainability, told Fortune at the time that 'if it seems like we are adding debt faster than ever, that's because we are.'"
The federal government added approximately $2.25 trillion to the national debt between the close of trading on Jan. 17, 2025 and the end of day Jan. 15, 2026, a period that captures the president's first year back in office. Over the calendar year 2025 the debt grew about $2.29 trillion. The total national debt stood around $38.4 trillion and had been increasing as of Jan. 9. Average growth equaled roughly $71,884.09 per second over the past year. The rise from $37 trillion to $38 trillion between August and October was the fastest rate of growth outside the pandemic. Calendar-year comparisons across the last quarter-century show variation in annual debt increases, with nearly $2.6 trillion added in 2023.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]