U.S. National Debt Hits Record $30 Trillion
Newsy
The national debt surpassed $30 trillion for the first time Tuesday, driven in part by federal spending during the pandemic.
The United States national debt hit a new record Tuesday, topping $30 trillion, according to the Treasury Department. That's a nearly $7 trillion increase since January 2020, just before the pandemic hit.
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At least $5 trillion of that debt comes from federal spending on programs during the pandemic like jobless benefits, support for small businesses and stimulus payments.
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