EconomyUS national debt rises by nearly $400 billion in two months
US national debt has increased by nearly $400 billion in the two months since reaching a record $40 trillion on August 19, and now stands at nearly $40.4 trillion. Experts forecast it will reach about 120% of GDP within a decade. The Peterson Institute for International Economics says it could hit $50 trillion in six years without spending or tax reforms.
US national debt rises by nearly $400 billion in two months