America’s National Debt Soars Past $30 Trillion Milestone

1 year ago
America’s ballooning national debt has exceeded the $30 trillion mark for the first time ever, according to Treasury Department data. The Treasury Department said in a statement (pdf) that, as of Jan. 31, the total public debt outstanding was $30.012 trillion, which roughly works out to just over $90,000 per citizen or nearly $240,000 per taxpayer. Debt-fueled spending exploded during the pandemic with various programs meant to shield Americans from the economic fallout of lockdowns and ot...
Read Entire Article