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U.S. National Debt Soars to a Record $22 Trillion: Chart
The U.S.’s financial burden is growing despite a strong economy.
13 Feb 2019, 11:30 AM IST
(Bloomberg) -- The U.S.’s financial burden is growing despite a strong economy. Total public debt climbed to more than $22 trillion as of Feb. 11, according to a Treasury Department report Tuesday. The country’s obligations are mounting as President Donald Trump debates members of Congress over funds for a wall along the southern border and fiscal experts including former Federal Reserve Chair Alan Greenspan warn about the dangers of rising budget deficits.
To contact the reporters on this story: Sophie Caronello in Washington at scaronello@bloomberg.net;Brendan Murray in Washington at brmurray@bloomberg.net
To contact the editor responsible for this story: Sophie Caronello at scaronello@bloomberg.net
©2019 Bloomberg L.P.
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