On 9/15/2023, the National Debt officially hit $33,044,858,730,468.04. This was just 3 months after it hit $32 trillion. It bears reminding that it was only $23 trillion on 12/31/2019, and it has increased $10 trillion since then.
When was it $16.5 trillion? On 2/13/2013, so the doubling time is just over 10 years. So in 2033, it will be $66 trillion, if it increases at the same rate. Before, I said that it would hit $64 trillion on 2034, but it will obviously be faster than that.
When was the last time the debt didn't increase by at least $2 trillion in a calendar year? That would be 2018, when the debt increased to $21 trillion, and that was the only milestone that year.
So, we can expect this to hit $34 trillion in about 6 months, say by March 1, 2024.
Update: Read this - https://brucewilds.blogspot.com/2023/09/national-debt-now-more-than-33-trillion.html
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