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 BofA Predicts Market Gains with Focus on Bonds, Gold, and Undervalued Stocks READ MORE McDonald’s CEO Promises ‘Affordability’ Amid $18 Big Mac Combo Backlash READ MORE Yellen Cautions: Inflation’s Decline Might Not Be Smooth READ MORE Silver Market Faces Major Deficit as Industrial Demand Hits Record Highs READ MORE Poll Reveals Disconnect Between Americans' Economic Perception and Reality READ MORE Add a Comment Cancel replyYour email address will not be published.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