The U.S. national debt has surpassed $30 trillion, the highest it's ever been, as borrowing surged during the pandemic, according to published by the Treasury Department on Tuesday.
National debt skyrocketed pandemic, but the nation reached the milestone much earlier than projected as a result of the trillions in federal spending being used to combat the pandemic, the reported.
'Hitting the $30 trillion mark is clearly an important milestone in our dangerous fiscal trajectory,' Michael Peterson, head of the Peter G. Peterson Foundation, told the Times.
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