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National Debt Goes Over $37 Trillion
5 Articles
5 Articles
US debt tops $37 trillion and the 'big, beautiful bill' allows it rise trillions higher
The federal government's gross national debt topped $37 trillion for the first time in history last week, and the U.S. has room to add trillions of dollars more to the debt following the enactment of the One Big Beautiful Bill Act (OBBBA).President Donald Trump on July 4 signed OBBBA into law, which included a $5 trillion debt limit increase to avert a potential stand-off over the borrowing limit that was projected to be reached later in the sum…
National Debt Goes Over $37 Trillion
The national debt crossed $37 trillion today, and a Georgia-based budget watchdog says interest is now crowding out other priorities. Concord Action’s Carolyn Bourdeaux is urging Congress to stop the bleeding. 📌 Why It Matters: Higher federal debt can ripple into everyday life—think pricier mortgages, car loans, and less room in Washington’s budget for schools, […] The post National Debt Goes Over $37 Trillion appeared first on The Georgia Sun.
Financial News Network - US debt tops $37 trillion and the 'big, beautiful bill' allows it rise trillions higher
The One Big Beautiful Bill Act raised the debt limit by $5 trillion, causing concern among fiscal experts as it's projected to add over $3.4 trillion to the national debt over 10 years.Read More …
Pablo Gato The Pentagon warned him. It’s the country’s growing national debt, which has already reached 37 billion dollars, or Trillion in English. It’s the fault of both parties. This didn’t start today. Politicians spend as drunk sailors and have placed the nation in an increasingly vulnerable position. Today it’s Trump’s turn, who promised to solve the problem but has made it worse. His “big, beautiful bill” increases the country’s debt by ab…
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