Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.(More)
#spx #irs #treasurydepartment #debt #spending #pandemic #federal #trust #funds #covid
Fri, Apr 1, 22
What happened last night?
Wed, Feb 2, 22
Google 20-1 stock split