News and Commentary

OUCH: The National Debt Tops $22 Trillion For The First Time Ever

Emily Zanotti

The United States Treasury Department reported Tuesday that the national debt topped $22 trillion dollars for the first time ever after jumping around $30 billion last month.

The official debt number clocked in at a whopping $22.012 trillion, according to USA Today, and is rising at a steady clip, following a spike in new spending in a short-term 2019 budget, parts of which were passed in December. Another spike is likely this week, as Congress readies a second “budget compromise” that will provide more permanent funding to federal agencies (including around $1.5 billion for a border wall).

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