U.S. national debt surpasses $34 trillion

www.upi.com

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U.S. national debt surpasses $34 trillion

www.upi.com

Lee Duna to

News@lemmy.worldEnglish · 6 months ago

U.S. national debt surpasses $34 trillion - UPI.com

www.upi.com

The U.S. national debt surpassed $34 trillion this week, marking a grim milestone as federal debt continues to rise at a record pace under persistent annual deficits, according to the Treasury Department.

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6 months ago
All money is currently debt. Every dollar in existence is owed to someone at interest.

This is functionally the same as saying we have a lot of money.

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