Published

US national debt hits $36 trillion, a new record

  • The U.S. Gross national debt has surpassed $36 trillion for the first time, according to data from the Treasury Department.
  • Interest payments on the debt are the fastest growing part of the budget and are projected to cost roughly $13 trillion over the next decade, according to Maya MacGuineas.
  • Concerns about U.S. Fiscal debt sustainability were the top issue in the survey, along with tensions in the Middle East and policy uncertainty.
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