The national debt increased by $275 billion in one day, skyrocketing to more than $33.442 trillion, according to the Treasury Department’s updated Debt to the Penny dataset.
In a single month, the national debt saw a more than $600 billion surge. Since President Joe Biden and former House Speaker Kevin McCarthy (R-Calif.) reached a debt-ceiling agreement, the federal government’s total public debt outstanding has risen by nearly $2 trillion.