U.S. Federal Debt Surpasses $39 Trillion

Odaily News According to the latest data released by the U.S. Treasury Department on March 18th, as of March 17th, the total U.S. federal debt has surpassed the $39 trillion mark. U.S. media reports indicate that this figure highlights the conflicting priorities within the U.S. government, including passing large-scale tax laws, increasing defense spending, strengthening immigration enforcement, and reducing debt. At the same time, factors such as war and tax cuts have also driven increased spending. Kevin Hassett, Director of the White House National Economic Council, estimated on the 15th that the conflict with Iran has cost the U.S. over $12 billion so far. (CCTV International News)