Source: Independent Institute
by Craig Eyermann
“Between August 8 and October 21, 2025, the U.S. government’s total public debt outstanding increased by more than $1 trillion, reaching a total of $38 trillion. One month later, the national debt had risen to $38.3 trillion. … Divided equally, that works out to be $284,125 for each of the country’s 134,800,000 households. That amount is about what the typical house for sale costs in Kentucky, which the government is borrowing to pay for the equivalent of over 47,500 such houses per day. If you’re like most American households, you probably can’t afford the cost of borrowing to own an extra home in Kentucky. In truth, neither can Uncle Sam. And yet, the national debt continues to grow as if the U.S. government can afford to buy a town’s worth of houses every day. Elected officials and bureaucrats need to do more to get the government’s fiscal house in order.” (12/01/25)
https://www.independent.org/article/2025/12/01/government-pay-national-debt/