US national debt tops $31 trillion for first time in history - Treasury data

US national debt tops $31 trillion for first time in history - Treasury data
# 05 October 2022 02:19 (UTC +04:00)

The United States national debt reached a new historical milestone as it topped $31 trillion for the first time in history, Treasury Department data showed on Tuesday, APA reports citing Urdu Point.

According to the data, as of Monday, the total outstanding US national debt has reached $31,123,887,781,401,34.

The new record-high comes after the debt level rose above $30 trillion for the first time in February 2022, reaching $30.012 trillion as government spending surged amid the Covid-19 pandemic.

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