The scale of the U.S. federal debt has exceeded 39 trillion US dollars.

The latest data released by the US Department of the Treasury on the 18th showed that as of March 17th, the total federal debt of the United States exceeded 39 trillion US dollars. The US side said that this number highlights the conflicting priorities within the US government, including passing large-scale tax laws, increasing defense spending, strengthening immigration enforcement, and reducing debt. At the same time, expenditures have also increased due to issues such as wars and tax cuts. Kevin Hassett, the Director of the White House National Economic Council, estimated on the 15th that the Iran conflict has cost the US more than 12 billion US dollars so far. The US Government Accountability Office stated that the rising government debt will lead to an increase in borrowing costs, a decrease in funds available for investment by businesses leading to a decrease in wage levels, and an increase in prices of goods and services.