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US national debt reaches record high

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The national debt of the United States has exceeded $32 trillion.

This is the first time in history that such a situation has arisen.

The conclusion about the record level of public debt was made based on information published by the American Ministry of Finance.

According to the latest data from the US Treasury Department, the current figure is $3239244000000.

The total outstanding national debt is 32 trillion 39 billion 244 million dollars, – MIA reports with reference to a message from the American department.

It is worth noting that the previous figure was less than $32 trillion. To be more precise – 31.95 trillion.

Joe Biden decision

In the first days of summer, the US President signed a law providing for an increase in the country’s national debt ceiling.

According to the document, the rule will be in force until the beginning of 2025.

It is worth emphasizing that the American leader made the appropriate decision in circumstances when the United States was threatened with default.

According to Biden, the country is not in a crisis situation, but serious measures had to be taken to achieve this.

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Vadim M
I'm Vadim, an author of articles about useful life hacks. I share smart tips with readers that help improve their daily lives.