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U.S. Treasury debt reached $39 trillion, and Cynthia Lummis is pushing the U.S. Treasury Department to buy 1 million BTC within 5 years.

MarsBitNews
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Mars Finance reports that the total amount of U.S. Treasury debt surpassed $39 trillion in mid-March, with debt held by the public exceeding $31 trillion. The U.S. Congressional Budget Office expects the FY 2026 deficit to reach $1.9 trillion, and public debt to rise to $5.6 trillion by 2036. Senator Cynthia Lummis is pushing the BITCOIN Act, which would require the U.S. Treasury to buy up to 1 million BTC within 5 years and hold it for at least 20 years; there is currently no official confirmation of purchases. On June 16, Cynthia Lummis said that her model’s calculated holdings could reduce U.S. Treasury debt by one-third to one-half, and she expects the Treasury to begin buying Bitcoin before the end of 2026.
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