Published 2 years ago

U.S. national debt exceeds $30 trillion for first time

Summary by Ground News

The national debt nearly doubled during Barack Obama's presidency but accelerated even faster under President Donald Trump. The budget deficit totaled $2.77 trillion in 2021, second to only the prior year, when a massive surge in government spending due to the pandemic pushed the deficit to $3.13 trillion.

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CTV News

America's national debt surpasses US$30 trillion for the first time

America's national debt just hit another sobering milestone. Total public debt outstanding is now above US$30 trillion, according to Treasury Department data published Tuesday.

2 years ago·Canada

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USA Today

'Sound the alarm': National debt hits $30 trillion as economists warn of impact for Americans

Economists say U.S. is on unsustainable fiscal path that can push up interest rates and mean less money is available to care for the poor and elderly.

2 years ago·United States

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Hindustan Times

In a first, America's national debt crosses $30 trillion. Here's why it matters

The latest debt milestone comes at a delicate time of transition for the US fiscal and monetary policy.

2 years ago·New Delhi, India

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CNN

America's national debt surpasses $30 trillion for the first time

America's national debt just hit another sobering milestone.

2 years ago·Atlanta, United States

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Washington Times

Federal debt tops $30 trillion, added $1 trillion in less than two months

Uncle Sam’s total debt now tops $30 trillion, the Treasury Department said Tuesday.

2 years ago·United States

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KRDO

America's national debt surpasses $30 trillion for the first time

By Matt Egan, CNN BusinessAmerica’s national debt just hit another sobering milestone.Total public debt outstanding is now above $30 trillion, according to Treasury Department data published Tuesday.Government borrowing accelerated during the Covid-19 pandemic as Washington spent aggressively to cushion the economic blow from the crisis. The national debt has surged by about $7 trillion since the end of 2019.It’s impossible to know how much debt…

2 years ago·Colorado Springs, United States

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