International
U.S. National Debt Surpasses $37 Trillion USD: Treasury Department
UNITED STATES – For the first time in history, the U.S. national debt has surged past $37 trillion, according to new Treasury Department data.
UNITED STATES – For the first time in history, the U.S. national debt has surged past $37 trillion, according to new Treasury Department data.
One fiscal watchdog says the government is on a “severely imbalanced” path, spending a staggering $1 trillion this year alone on interest payments.
That’s now the second-largest line item in the federal budget, topping even defense and health care, with no corrective action in sight.
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