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The federal government is taking on record amounts of debt year after year. The U.S. owes lenders more than $36 trillion. That is close to an all-time high when comparing the debt to the country ...
The U.S. National Debt: Historical Data and What It Means for Consumers On its current trajectory, the U.S. national debt could soon reach its highest level in 80 years.
Since Biden was inaugurated, the national debt has increased by over $7 trillion, from $27.7 trillion on January 20, 2021 to now over $35 trillion as of July 29, 2024.
The total national debt of the United States hit $35 trillion on Monday, a milestone that comes as lawmakers grapple with how best to curb the country’s debt and deficits.
London (CNN) — The US government’s debt has topped $34 trillion for the first time, just weeks ahead of looming deadlines for Congress to agree to new federal funding plans.