US Debt Up $1 Trillion in Last Three Months

From Zerohedge:

Today, the Treasury announced that for the first time, total US debt has surpassed $33 trillion, rising by $56 billion in one day, and by a mindblowing $1 trillion in just the past 3 months!

The historic breakout takes place just weeks before the interest on total Federal debt is set to hit $1 trillion, surpassing how much the US spends on defense - and soon after - every other outlay category.

Here is the CBO's latest debt forecast. It shows that US debt is now set to hit $50 trillion by 2030 (probably much sooner though), and then proceed exponentially higher until the US currency finally collapses.