United States federal debt reaches $40.55 trillion

The United States federal debt reached $40.55 trillion as of November 3, according to data from the Department of the Treasury. This figure represents an increase of $298.3 billion, or approximately 0.7 percent, from the October 5 level. The total outstanding debt includes $32.77 trillion held by the public and $7.78 trillion in intragovernmental holdings.

In October, the Treasury recorded $73.5 billion in accrued interest expense, a figure that also represents the total interest expense for fiscal year 2027 to date. Treasury notes accounted for the largest portion of this interest, totaling $45.8 billion for the month. Treasury bonds followed with $16 billion in accrued interest expense for October.