the US debt

US national debt reaches $34 trillion

US national debt reaches $34 trillion

The US national debt exceeded $34 trillion. Over the year, the national debt increased by $4 trillion. By the beginning of next January, the US national debt will reach the ceiling again. It was shifted to avoid default in the summer of 2023.

U.S. national debt reaches all-time high

U.S. national debt reaches all-time high

The U.S. national debt hit a new milestone, topping $33 trillion for the first time, according to data published by the U.S. Treasury Department Monday. …

U.S. national debt exceeds $32 trillion

U.S. national debt exceeds $32 trillion

The U.S. national debt topped $32 trillion for the first time ever this week, according to Treasury Department data released on Friday.  The debt milestone comes two weeks after U.S. President Joe Biden signed legislation …

U.S. debt to hit limit Thursday

U.S. debt to hit limit Thursday

U.S. Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday. After that, the Treasury Department this month will begin “taking certain extraordinary …

U.S. national debt tops $30 trillion

U.S. national debt tops $30 trillion

The U.S. national debt topped $30 trillion, the highest it's ever been, according to Treasury Department data. National debt grew significantly during the COVID-19 pandemic, increasing by $7 trillion since the end of 2019. …

Biden signs bill raising U.S. debt limit into law

Biden signs bill raising U.S. debt limit into law

U.S. President Joe Biden on Thursday signed the bill raising the debt ceiling by $2.5 billion, narrowly averting what could have been a largely self-imposed economic disaster for the country. “This bill will reassure all the …

U.S. House approves debt limit increase

U.S. House approves debt limit increase

The House of Representatives on Tuesday approved legislation to raise the U.S. debt limit, the final legislative hurdle to averting a first-ever national default that was otherwise expected to occur next week. The bill, passed by the …

U.S. national debt rises to astronomical level

U.S. national debt rises to astronomical level

The U.S. national debt for the first time ever crossed the $22 trillion mark, Treasury Department data revealed, noting that the latest figure represents a jump of more than $30 billion from where the balance stood at the beginning of …

Turkey liquidating U.S. treasuries

Turkey liquidating U.S. treasuries

Turkey dropped off the U.S. government’s list of major owners of Treasury debt, according to a Treasury Department report released Wednesday.  Turkey’s holdings of bonds, bills and notes have fallen 42% in the first …

US national debt hits $21 trillion

US national debt hits $21 trillion

The United States national debt exceeded $21 trillion for the first time, a little more than six months after it hit first $20 trillion on September 8, 2017. The national debt was $21.031 trillion on Thursday. The government releases …

US national debt hits $19 trillion

US national debt hits $19 trillion

The US national debt hit $19 trillion last week, according to the latest figures released by the US Treasury Department. $13.7 trillion is debt held by private investors and the rest is internal government borrowing, the Washington …