National debt surpasses $31 trillion

Tuesday, October 4, 2022 | Tag Cloud Tags: , , , , , ,

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(Worthy News) – The U.S. national has passed $31 trillion for the first time in history.

Treasury Department data released Tuesday showed that the total was $31.123 trillion as of Monday.

The new milestone was reached even as the federal government’s insatiable spending has slowed considerably as the pandemic has waned. In the months following the outbreak, the national debt rose by $1 trillion in just a month’s time — not just once but twice in 2020. [ Source: Fox News (Read More…) ]

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