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The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020.Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [7]
The national debt eclipsed $34 trillion several years sooner than pre-pandemic projections. The Congressional Budget Office’s January 2020 projections had gross federal debt eclipsing $34 ...
The US government’s debt has topped $34 trillion for the first time, just weeks ahead of deadlines for Congress to agree to new federal funding plans. US national debt hits record $34 trillion ...
America’s national debt eclipsed $34 trillion for the first time in history.. Data from the Treasury Department shows the nation’s total outstanding debt passed the milestone figure on Dec. 29 ...
Total public debt outstanding — $30,012,386,059,238.29 as of Monday — has risen by nearly $7 trillion since the start of 2020, and the debt as a share of the economy topped 100% in 2020 ...
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.
Between 1989-2020, the national debt soared by more than 800% as Congresses and presidents from both parties approved massive spending increases and massive tax cuts at the same time.
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