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America’s National Debt Has Surpassed $31 Trillion

Government borrowing levels have soared since 2009

View Source | October 4, 2022 11:33 pm

  • On Monday, as inflation reaches historic highs, interest rates rise, and economic uncertainties persist, the nation’s total public debt outstanding closed at $31.1 trillion.
  • This is the first time America’s national debt has surpassed $31 trillion dollars.
  • America’s outstanding public debt has nearly tripled since President Barack Obama took office on January 20, 2009.
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