US national debt surpasses $35 trillion for first time
IANS
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The US federal government's total public debt has surpassed $35 trillion for the first time, as recorded at the end of last week, according to the latest data released by the Treasury Department.
The total public debt outstanding climbed to $35 trillion on Friday, according to the Daily Treasury Statement released on Monday. The data is updated at the end of each business day with data from the previous business day, Xinhua news agency reported.
Just seven months ago, the US national debt surpassed $34 trillion in late December 2023. Three months before that, the US reached a historic milestone by passing $33 trillion.. |
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