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The US national debt exceeded 36 trillion dollars

The US national debt exceeded 36 trillion dollars for the first time in the history of this country.

reportedMehr News Agency, the national debt of the United States, which exceeded 36 trillion dollars, will occur months after reaching the 35 trillion dollar mark in July 2024. The US national debt surpassed $36 trillion on Friday for the first time in the country’s history, as the federal government continues to accumulate debt at an unprecedented rate.

New data from the US Treasury Department showed that the gross national debt in this country has reached 36.034 thousand billion dollars.

The turning point of the US debt of 36 trillion dollars occurred only a few months after the country crossed the 35 trillion dollar mark in late July 2024.

The total debt of the United States has reached over 36 thousand billion dollars, while the public debt is expected to reach 99% of the volume of the gross domestic product of the United States.

The nonpartisan Congressional Budget Office has predicted that public debt will reach a record level of more than 106 percent of GDP in 2027, surpassing the 80-year record set in 1946; When America was in the midst of disarmament after World War II, it would be broken.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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