News list for "U.S. national debt"
On November 24th, according to the latest report released by the Federal Budget Accountability Commission, an independent research organization in the United States, the total amount of US national debt has exceeded 36 trillion dollars this week, reaching a record high. From the end of July this year, the total amount of US national debt reached 35 trillion, and now it has risen to 36 trillion, just over three months.
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."
