US national debt has surpassed $33 trillion for the first time - as lawmakers scramble to at the end of the month.The Treasury Department noted that debt reached $33.04 trillion on Monday, meaning it has spiked by $1.58 trillion since the in early June.After years of extreme spending, the country reached its debt ceiling of $31.4 trillion in January and months later, in May, President Biden and House speaker Kevin McCarthy until January 2025.
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