An Important Millstone.. err.. Milestone for Biden and the Dems, Debt Tops $30 Trillion – IOTW Report

An Important Millstone.. err.. Milestone for Biden and the Dems, Debt Tops $30 Trillion

USA Today

The national debt surpassed $30 trillion for the first time Tuesday, fueled in part by the coronavirus pandemic and what economists describe as years of unsustainable government spending that could have long-term consequences for every American.

The federal government now owes $23.5 trillion in debt to creditors and another $6.5 trillion to itself. Debt to creditors soared by $1.5 trillion over the last year alone, according to the Peter G. Peterson Foundation, a nonpartisan organization focused on addressing the country’s fiscal challenges. More

Debt Clock confirms it. Here

9 Comments on An Important Millstone.. err.. Milestone for Biden and the Dems, Debt Tops $30 Trillion

  1. This is one area I can’t say anyone has the high road. We didn’t get to 30 trillion without both parties participating. It just seems like since the Tea Party era no one cares anymore.

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