US national debt reaches $34 trillion

Maria Novoselova/"Vestnik Kavkaza"

In the USA, the new year began with a new anti-record for national debt. It exceeded $34 trillion.

According to data on the website of the US Department of the Treasury, at 00.30 Moscow time on January 3, the US national debt reached $34.001 trillion.

Over the past year, the country's national debt growth exceeded $4 trillion.

Let us note that in mid-2023, US President Joe Biden signed a document that raises the country's national debt ceiling, otherwise the US would have defaulted in the summer.

According to forecasts, the US national debt will hit a new ceiling in a year on January 2, 2025.

© Photo :Maria Novoselova/"Vestnik Kavkaza"
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