US National Debt Hits Record $34 Trillion The U.S. gross national debt has hit a record $34 trillion, signaling upcoming political and economic hurdles in managing the country’s finances. The Treasury Department’s recent report highlights the growing tension in Washington, with the possibility of a government shutdown if an annual budget is not established. A temporary agreement, reached last June between Republican lawmakers and the White House, lifted the nation’s debt limit until January 2025, averting a potential historic default. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts South Korea's Reserve Bank Holds Back Amid Global Rush READ MORE August Sees Surge in Consumer Optimism, Despite Labor Market Worries READ MORE Biden's Exit Sparks Gold Price Fluctuations as Traders Weigh Implications READ MORE Starbucks, McDonald's Feel the Pinch as Diners Tighten Belts READ MORE ING: What’s Next for Gold? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment