Yonhap Infomax NewsThe US federal government's outstanding debt has surpassed $38 trillion for the first time, rising by $1 trillion in just over two months, with the Peter G. Peterson Foundation warning that the pace of debt accumulation now exceeds the combined economic output of China and the Eurozone.
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[Global Chart]US Federal Government Debt Surpasses $38 Trillion—Up $1 Trillion in Just Over Two Months
The US federal government's outstanding debt has surpassed $38 trillion for the first time, rising by $1 trillion in just over two months, with the Peter G. Peterson Foundation warning that the pace of debt accumulation now exceeds the combined economic output of China and the Eurozone.