U.S. Federal Debt Surpasses $39 Trillion

Odaily Planet Daily News – According to the latest data released by the U.S. Department of the Treasury on March 18, as of March 17, the total U.S. federal debt has surpassed the $39 trillion mark. U.S. media reported that this figure highlights conflicting priorities within the U.S. government, including passing large-scale tax laws, increasing defense spending, strengthening immigration enforcement, and reducing debt. Meanwhile, factors such as war and tax cuts have also driven up expenditures. Kevin Hassett, Director of the White House National Economic Council, estimated on March 15 that the Iran conflict has cost the U.S. over $1.2 billion to date. (CCTV International News)