In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.
It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year.
The $38 trillion update is found in the latest Treasury Department report, which logs the nation’s daily finances.
Lol! And to think, people voted for this moron because they thought he would be good for the economy. smh.
The only reason people voted for Trump was to hurt queers and brown people.
Hispanic people voted for him because they thought he would fix the economy. It had nothing to do with racism or gay people.