The national debt of the United States has increased by approximately $571.28 billion this year, with total public debt approaching a staggering $39 trillion, according to Treasury data.
As of April 7, 2026, the total public debt outstanding stands at $38.969 trillion, as reported by the US Treasury’s Debt to the Penny dataset.
The continuous rise in the national debt is attributed to the federal government’s large deficits and reliance on additional borrowing to finance spending. Debt to the Penny provides a daily measure of total public debt outstanding, encompassing both debt held by the public and intragovernmental holdings.
In a recent interview with NPR, JPMorgan Chase CEO Jamie Dimon expressed concerns about the growing debt burden potentially leading to broader market stress. Dimon warned that excessive money printing by the Federal Reserve could increase market volatility.
“I don’t think anyone can predict when it will become a real problem – in six months, six years, I don’t know. But it will become a problem, likely resulting in volatile market rates increasing and reluctance to purchase US Treasury bonds,” Dimon stated.
“The US economy will still be strong, but there may be individuals hesitant to invest in US treasuries. It is crucial to address this issue sooner rather than later to prevent a crisis,” he added.
Stay updated with us on X, Facebook, and Telegram
Don’t miss out – Subscribe to receive email alerts directly to your inbox
Explore The Daily Hodl Mix
Image Credit: Midjourney
