Skip to main content

US Public Debt Surpasses Record $34 Trillion

 

Daily Mail: US national debt hits $34 TRILLION for the first time in history, as federal funding deadlines loom - and it could affect your finances 

* Federal debt soared to $34 trillion on December 29, according to Treasury data 

* A higher debt load could put upward pressure on inflation, experts warn 

* Lawmakers face deadlines for permanent budgets in January and February 

US national debt has reached a record high - hitting $34 trillion for the first time in history. 

Data published by the Treasury Department Tuesday showed that outstanding federal borrowing soared to $34.001 trillion on December 29, just weeks ahead of Congress deadlines for new federal funding plans. 

The staggering figure, which is a major point of contention between Republicans and Democrats, is equal to $101,233 in federal debt for every person in America, according to the Peter G. Peterson Foundation.  

Read more ....  

WNU Editor: Here is an easy prediction. This is not going to end well. 

US Public Debt Surpasses Record $34 Trillion 

US public debt tops $34 trln as Congress heads into funding fight -- Reuters  

US national debt hits record $34 trillion -- CNN 

U.S. national debt surpasses $34 trillion -- UPI 

US national debt surpasses $34T for first time -- The Hill  

US national debt tops $34T for first time in history -- FOX News



from War News Updates https://ift.tt/Nps9uct
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Bath Iron Works starts building new Arleigh Burke-class Flight III destroyer USS J. William Middendorf

General Dynamics Bath Iron Works has started construction of the future USS J. William Middendorf (DDG 138), a Flight III Arleigh Burke-class destroyer that will strengthen the U.S. Navy’s missile-defense and escort capacity during sustained operations in the Red Sea, Eastern Mediterranean, and Indo-Pacific. The ceremonial first steel cut took place in Maine on May 19, 2026, as the Navy continues relying on Flight III destroyers equipped with the SPY-6 radar and Aegis Baseline 10 combat system to replace the air defense and command role of retiring Ticonderoga-class cruisers ahead of the future DDG(X) program.  Read full defense news at this link... USS J. William Middendorf belongs to the Flight III configuration that began with USS Jack H. Lucas (DDG 125), the first Flight III destroyer commissioned in October 2023. (Picture source: US Navy) Read more... from World Defence News https://ift.tt/tSRkVWI via IFTTT
Post a Comment
Read more

China’s PHL-191 MLRS Shows How Airburst Munitions Could Transform Modern Battlefield Suppression

 China has showcased what appears to be an airburst-capable munition fired from its PHL-191 long-range modular multiple launch rocket system during a live-fire exercise, highlighting a growing emphasis on suppressing dispersed battlefield targets rather than relying solely on point strikes. Footage released on July 19, 2026, by China Military Online and the Chinese Ministry of National Defense suggests the PLA is expanding its long-range fire-support options with effects designed to disrupt troops, air-defense sites, and lightly protected equipment across a wider area, reinforcing its ability to shape the battlefield before major combat operations begin.  Read Full Defense News At This Link. New PLA footage shows China’s PHL-191 rocket artillery system delivering concentrated, apparent airburst fragmentation effects against dispersed battlefield targets (Picture Source: Chinese Ministry of National Defense) from World Defence News https://ift.tt/jYnGm7H via IFTTT
Post a Comment
Read more

US Navy considers Ford-class aircraft carrier redesign to match Trump's WWII island style preference

On August 16, 2026, the U.S. Navy initiated an operational and technical evaluation regarding whether to move the island superstructure on future Ford-class aircraft carriers from its current far-aft placement toward amidships, following directive preferences from President Donald Trump. The assessment will likely focus on whether relocating the command structure toward a World War II-era configuration would negatively impact flight deck operations, sortie generation rates, and recovery airflow dynamics. This design review also follows an August 13 directive ordering the Navy to replace the Electromagnetic Aircraft Launch System and Advanced Weapons Elevators on the future USS Doris Miller with steam catapults and hydraulic systems.  Read full defense news at this link... The USS Gerald R. Ford (CVN-78) places its island much farther aft so more aircraft can be parked and moved directly toward the catapults without interfering with landings, whereas USS Enterprise (CV-6)'s amidship...
Post a Comment
Read more