Federal Debt Tops $27 Trillion for First Time

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(Worthy News) – The debt of the federal government topped $27 trillion for the first time on Thursday, October 1, when it climbed from an opening balance of $26,945,391,194,615.15 to a closing balance of $27,026,921,935,432.41, according to data published by the U.S. Treasury Department.

The federal debt had topped $25 trillion for the first time on May 5, 2020.

It then climbed another trillion dollars in just 35 days, topping $26 trillion for the first time on June 9. [ Source: CNS News (Read More…) ]

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