The US Treasury announced the first-ever excess of the national debt mark of $ 38 trillion.

The US national debt has exceeded the $38 trillion mark, which is a historical record. Over the past year, the debt has increased by $2.18 trillion. This was announced on October 23 on the website of the American Ministry of Finance.

At the same time, the $37 trillion mark was exceeded only in August of this year. According to forecasts, the debt would reach the next major mark of $39 trillion no earlier than February 2026. However, its growth rate accelerated amid the suspension of the federal government due to the inability of Democrats and Republicans to agree on a budget. As a result, such actions led to another "shutdown".

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Evgeny Shatov, a partner at Capital Lab, said on August 13 that the US national debt had exceeded $37 trillion for the first time in history, which increased it by $780 billion since the debt ceiling was raised. According to him, the main threat to the financial stability of the United States is the lack of congressional agreement on raising the national debt ceiling.

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