The $40 trillion headline gets all the attention. The harder problem is that Washington keeps adding debt while the promises sitting outside that number keep growing too.
The US National Debt has increased by over $700 billion since July 1st.
The Federal Government is borrowing from our future to spend like drunken sailors today.
Everything they said about "cutting spending" and "balancing the budget" was a lie.
Video: https://t.co/adtW7OcNLx pic.twitter.com/1NNkppWTJy
— Charlie Bilello (@charliebilello) August 30, 2026
The US is fucked… It has $100T+ in unfunded liabilities.
We've all heard that the US can pay any debt because it's owed in dollars… Well, that's not true for its unfunded liabilities.
They are owed in actual medical treatments and inflation-adjusted payments, and they're… pic.twitter.com/fIhp3YzGjb
— Lukas Ekwueme (@ekwufinance) August 30, 2026
BREAKING: The US government is now running a primary budget deficit of -3.59% of GDP, the largest among major advanced economies.
The primary budget deficit EXCLUDES the $1.1+ trillion in interest payments on existing government debt.
This is followed by the UK at -3.51% of the… pic.twitter.com/8gMuipdwzm
— The Kobeissi Letter (@KobeissiLetter) August 29, 2026
US 1-year hits 52-week high
Don't panic. It gets much worse. pic.twitter.com/tBAsZX2GkO
— The Great Martis (@great_martis) August 30, 2026
The official US national debt is $40 trillion. That number is a lie.
The government uses accounting rules that would get a CFO arrested.
Unfunded Social Security and Medicare promises over the next 75 years: more than $400 trillion. None of it is on the balance sheet.
A public… pic.twitter.com/EMg8EvVVAO
— Billy ₿oone (@thebillyboone) August 29, 2026
The Fed's own inflation gauge has run above target for 5.5 years, and the new Fed chair just admitted rates are not even restrictive.
PCE sits at 3.7% against a 2% target. The market is now pricing a 62% chance Warsh raises in September rather than cuts, with more tightening… pic.twitter.com/rAitRCsmeK
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 30, 2026
🇯🇵 Japan's 10 year yield is breaking out.
Is this the start of the parabolic run from 2.95% to 4% in the next 2 weeks? https://t.co/Vp3iBozOhL pic.twitter.com/Iu8qawPVep
— Financelot (@FinanceLancelot) August 31, 2026
Rising bond yields add billions to G7 debt costs
https://www.ft.com/content/bbe90db5-64ac-441d-87e4-e984c5ef8629
Since the Iran war began, higher yields have already added about $16 billion to G7 debt financing costs. The US accounts for about $10.6 billion of that increase, with another $21.7 billion potentially added by Q1 2027 if yields remain elevated.
Treasury expands bond buybacks as long-term yields rise
Treasury will begin larger buybacks of 10 to 30 year debt on September 10, with operations of at least $4 billion each planned for the next quarter. The move comes while long-term Treasury yields are near 20-year highs.
US debt crosses $40 trillion
Total US debt reached $40.047 trillion on August 18. Debt held by the public was $32.266 trillion, while intragovernmental holdings were $7.782 trillion. The debt has more than doubled since early 2017.
Federal interest costs reach roughly $1 trillion
Annual federal interest expense has reached roughly $1 trillion, around 15% of federal outlays. With long-term yields still elevated, TD Securities estimates debt servicing costs could reach $1.5 trillion by 2029.