US national debt reached a record $ 26 trillion

11 months ago

US public debt reached a historic record and exceeded $ 26 trillion, follows from the data of the US Department of the Treasury.

As of June 10, the figure was $ 26.003 trillion, but the next day it dropped to $ 25.985 trillion.

In April, experts predicted an increase in public and private debt in the United States in 2020 due to the spread of coronavirus. According to analysts, the public debt and debts of American corporations will increase so much that they create risks for the economy after the pandemic.

They expressed confidence that US federal budget spending this year will exceed revenues by $ 4 trillion, which is the highest figure since 1945.

The US national debt since November 2019 increased by $ 3 trillion.

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