This week, the US national debt exceeded $35 trillion for the first time. According to the Congressional Budget Office, the national debt will reach $56 trillion by 2034 as spending and interest expenses grow faster than tax revenue. Senator Cynthia Lummis of Wyoming wrote on the X platform. "Now that the national debt has exceeded a staggering $35 trillion, the Bitcoin strategic reserve can stop this runaway train and help our children and grandchildren pay the national debt."
On July 30, the latest data released by the US Treasury website on the 29th showed that the scale of the US federal government debt has exceeded the 35 trillion dollar mark.
The US national debt reached an all-time high of $35 trillion.
The federal government debt has exceeded $35 trillion, with more than $100,000 per citizen and more than $267,000 per taxpayer.