US Government Has Borrowed $2T in 10 Months
Exploring Finance | SchiffGold | 06 Nov, 2026
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The US government has borrowed over $750B in the last three months. This is a massive sum of money, especially after borrowing $800B in the three months prior. At the current pace, the US Government could borrow close to $3T over a 12-month span. Not only is this completely unsustainable, but the problem is only going to get worse.
Note: Non-Marketable consists almost entirely of debt the government owes to itself (e.g., debt owed to Social Security or public retirement)
Figure: 1 Month Over Month change in Debt
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