In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.
It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year.
The $38 trillion update is found in the latest Treasury Department report, which logs the nation’s daily finances.
I wonder how big a bag you’d need to grab 2 million in cash. Every single deportee would have had to have grabbed one to accumulate $1trillion.
Edit: Its actually not that bad, could fit in a couple of hefty duffel bags.