The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. The unprecedented figure highlights competing administration priorities,

The milestone comes amid growing concern over the cost of the Iran war, which is currently in its 20th day with no clear end in sight.

The U.S. national debt crossed a new milestone Wednesday, surpassing $39 trillion, a record reached five months after the debt sailed past the $38 trillion mark. The record-breaking amount was revealed in a daily statement from the Treasury Department.

An alarming record has also just been reached — the U.S. national debt has just passed $39 trillion. Those concerns are compounded by new staggering figures on the cost of the war in Iran, now estimated at $890 million a day or $16.

"Markets are paying close attention to our fiscal situation, and every time we hit a new milestone, we risk spooking them," said Maya MacGuineas.

U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and experts warn of unsustainable pace.

Breaking down the national debt. Every year, the United States government spends money on programs and services like Social Security and healthcare while receiving revenue through methods like federal income taxes. When the nation spends more than it ...

The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be nearly impossible to reverse.

The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. Related