The US national debt has now climbed by about $571.28 billion this year as Treasury data show total public debt outstanding approaching $39 trillion.
According to the US Treasury’s Debt to the Penny dataset, total public debt outstanding stands at staggering $38.969 trillion as of April 7, 2026.
The national debt has continued to rise as the federal government runs large deficits and finances spending through additional borrowing. Debt to the Penny is the daily measure of total public debt outstanding and includes both debt held by the public and intragovernmental holdings.
In a recent interview with NPR, JPMorgan Chase CEO Jamie Dimon warned that the growing debt burden could eventually trigger broader market stress, noting that market volatility tends to go up once the Federal Reserve prints too much money.
“I don’t think anyone can predict [when] it becomes a real problem — in six months, six years, I don’t know. I do know it will become a problem and the way it would exhibit itself is volatile market rates going up — the bond vigilantes, the people not wanting to buy United States Treasury.
[The US] will still be the best economy but there’ll be [those] not wanting to own US treasuries so we should deal with it sooner rather than later and maybe if that gets done that way, it’ll be kind of crisis management.”
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