U.S. Federal Government Debt Surpasses $40 Trillion
- U.S. federal government debt crossed $40 trillion on Tuesday, according to data released by the Treasury Department on Wednesday.
- The debt increased by $3 trillion over the past year, the fastest growth rate in history outside the pandemic period.
- U.S. national debt has risen sharply over the past two decades, from less than $6 trillion at the start of the century.
- Large public spending during the financial crisis and the COVID-19 pandemic widened budget deficits.
- The Congressional Budget Office expects debt held by the public to exceed the post-World War II peak debt-to-GDP ratio around 2030 and rise further by 2036.
U.S. federal government debt has surpassed $40 trillion, according to Treasury Department data released on Wednesday. The threshold was crossed on Tuesday, reflecting a rapid rise in federal borrowing.
The report said the debt increased by $3 trillion over the past year. Excluding the pandemic period, that pace was described as the fastest in history. Over the past two decades, U.S. national debt has climbed from less than $6 trillion to above $40 trillion.
The article linked the longer-term rise to heavy public spending during the financial crisis and the COVID-19 pandemic, which widened budget deficits. It also noted that investor concern has grown over the state of U.S. public finances.
The Congressional Budget Office expects debt held by the public to move above the historical peak debt-to-GDP ratio set in 1946 around 2030, and to keep rising through 2036. For markets, the development is potentially negative for U.S. fiscal sentiment and may be supportive for gold while adding pressure to long-term Treasury and dollar expectations.
美国联邦政府债务突破40万亿美元
美国财政部周三公布的数据称，美国联邦政府债务已突破40万亿美元，相关门槛是在周二跨越的，反映出联邦借贷规模继续快速上升。
报道指出，过去一年美国债务增加了3万亿美元。除疫情期间外，这一增速被描述为历史最快。过去二十年间，美国国债从本世纪初的不足6万亿美元攀升至40万亿美元以上。
文章将这轮长期上升与金融危机和新冠疫情期间的大规模公共支出联系起来，认为这加剧了预算赤字扩大。报道还提到，投资者对美国公共财政状况的担忧正在上升。
美国国会预算办公室预计，到2030年前后，公众持有的债务占GDP比重将超过1946年创下的历史峰值，并在2036年前继续上升。就市场影响而言，这一消息对美国财政预期偏利空，可能对黄金形成支撑，同时给长期美债和美元预期带来压力。