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The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.
Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [9] As of December 2023, total federal debt was $33.1 trillion; $26.5 trillion held by the public and $12.1 trillion in intragovernmental debt. [10]
That figure stood at just over $36.1 trillion on December 31, up from $31.4 trillion in June 2023, when the cap was suspended as part of the bipartisan Fiscal Responsibility Act.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: ... The national debt hit $36 trillion—less than four months after surpassing the $35 trillion mark.
The House voted to pass its yearly defense bill Wednesday, adding about another $1 trillion to the $36 trillion national debt. The 1,800-page bill known as the National Defense Authorization Act ...
"Since August 2019, the debt limit has been modified four times: two suspensions and two dollar-specific debt limit increases. Over these five years, the debt has grown by about $13.9 trillion ...
The United States’s debt limit permits the federal government to spend money it does not have ... debt limit was $31.4 trillion, ... clock puts its value at over $36 trillion, ...
The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.