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The Treasury Department on Tuesday confirmed that the United States has exceeded $37 trillion in debt, just months after it surpassed $36 trillion.
The new report found that the U.S. exceeded the benchmark years before it was projected to, prior to the COVID-19 pandemic. Before the pandemic in 2020, the country expected to surpass $37 trillion in debt sometime after 2030, the Associated Pressreported.
The benchmark comes after the U.S. passed the $36 trillion debt threshold in November. It also confirms reports last month that the debt surpassed $37 trillion based on the U.S. Debt clock.
The United States also reached $34 trillion in debt in January 2024 and $35 trillion in July 2024.
justthenews.com
The new report found that the U.S. exceeded the benchmark years before it was projected to, prior to the COVID-19 pandemic. Before the pandemic in 2020, the country expected to surpass $37 trillion in debt sometime after 2030, the Associated Pressreported.
The benchmark comes after the U.S. passed the $36 trillion debt threshold in November. It also confirms reports last month that the debt surpassed $37 trillion based on the U.S. Debt clock.
The United States also reached $34 trillion in debt in January 2024 and $35 trillion in July 2024.
Treasury Department confirms US has surpassed $37 trillion in debt
The United States reportedly reached $34 trillion in debt in January 2024, $35 trillion in July 2024, and $36 trillion in November.
justthenews.com
