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Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That's a debt load ...
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.
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.
It reported debt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous high of 106% in 1946, at the end of the Second World War. Cuts vs growth
Then on Thursday night, the House failed to pass a revamped plan that included Trump's explosive demand that the debt limit be extended. Government shutdown updates: Biden signs funding bill ...
Making the tax cuts permanent for all taxpayers, regardless of income, would increase the national debt $3.1 trillion over the next 10 years. Limiting the extension to individuals making less than $200,000 and married couples earning less than $250,000 would increase the debt about $2.3 trillion in the next decade.
Many of us go about our daily lives -- and handle our personal finances -- without thinking about the national debt, which, as of Sept. 15, 2024, exceeds $35 trillion. It's a number so ...
America is now almost $35 trillion in debt. That means every American owes $100,000. President Joe Biden's administration doesn't care. They want to spend more.. Already they are spending so much ...