US National Debt Surpasses $37 Trillion, Setting New Record
TL;DR
The US national debt has surpassed $37 trillion, reaching this milestone years earlier than expected due to rapid growth driven by pandemic-related borrowing and recent legislative spending, raising concerns about increased costs for taxpayers and economic stability.
Topics:businesseconomy#debt-growth#economy#federal-budget#government-spending#national-debt#us-economy
- National debt hits a record $37 trillion, years sooner than pre-pandemic projections Fortune
- US national debt reaches a record $37 trillion, the Treasury Department reports AP News
- In Trump’s year of cost-cutting and efficiency, national debt soars past $37 trillion Fortune
- The national debt has reached a record $37 trillion, the Treasury Department reports The Independent
- Opinion | Five ways to stop the onrushing debt disaster. All long shots, alas. The Washington Post
Want the full story? Read the original reporting
Read on Fortune