To put things into perspective:
It took Uncle Sam 232 years to accumulate its first $10 trillion in debt, 9 years to accumulate its second, and 5 years to reach its third.
The trip from $33 to $34tn in debt was a short one, requiring only 3 months, from September to December of 2023, Strategas has calculated.
Source: Strategas, HolgerZ