US borrows $1 trillion in five months as national debt nears $39 trillion
Mar 19th 2026
A CBO monthly review shows the US borrowed about $1 trillion since October and paid $433 billion to service debt in five months as total federal debt approaches $39 trillion, while media reports highlight costly military operations and potential supplemental defense spending.
- The Congressional Budget Office says federal borrowing since October totals about $1 trillion and debt rose by $308 billion in February.
- The Treasury paid roughly $433 billion to service public debt in the five-month period, leaving total debt near $38.9 trillion.
- The CBO cites higher interest payments and increased government spending, including on defense, as major drivers of the trend.
- Maya MacGuineas of the Committee for a Responsible Federal Budget warned the path is unsustainable and urged a 3% deficit-to-GDP target.
- The Washington Post reported the US fired about $5.6 billion of munitions in the first two days of strikes on Iran and said a supplemental defense request of up to $50 billion may be sent to Congress.
- Politico reported the Pentagon expects the conflict to last at least 100 days, while some lawmakers question the campaign goal and clarity.
Articles
- US borrowed $1 trillion in five months www.rt.com
- US debt surpasses $39 trillion, adding $1 trillion in 5 months thehill.com
- US Household Net Worth Climbs $2.2 Trillion to Fresh Record www.bloomberg.com
- The national debt just crossed $39 trillion—almost doubling since Trump vowed to erase it fortune.com