On August 9, according to The Kobeissi Letter, the total US debt officially exceeded $37 trillion for the first time in history, which means that since Trump signed the "Beautiful Law" and raised the debt ceiling on July 4, the total US debt has increased by $780 billion, equivalent to an average daily increase of $22 billion.
Last week alone, the US government sold $724 billion in government bonds through 10 operations, making the US debt crisis more severe than ever before.
