The government’s FiscalData platform has released recent data indicating that the US debt is rapidly approaching a staggering $33 trillion. Shockingly, in just the last 30 days, the debt has skyrocketed by $266.88 billion, raising the total amount to a whopping $32.85 trillion. Check out the latest reports about this below.
US national debt explodes
This unprecedented milestone was reached on June 15th.
According to a recent survey conducted by the Peter G. Peterson Foundation, the majority of Americans, including 91% of Democrats and 89% of Republicans, are calling for lawmakers to work together to address the nation’s fiscal future and prevent future government shutdowns.
It is imperative that our leaders take decisive action to address this critical issue.
A significant number of Americans are worried about the economic consequences of a possible government shutdown in the upcoming month.
According to a recent survey, 70% of voters are concerned that Congress will fail to reach an agreement before the current budget year expires on September 30th, leading to a shutdown.
Moreover, the survey revealed that 69% of Democrats and 67% of Republicans would support the creation of a non-partisan commission that proposes comprehensive measures to reduce the national debt.
As for the debt issue, 80% of voters want it to be among the top three priorities for the President and Congress. This includes 71% of Democrats, 78% of independents, and 92% of Republicans.
The survey, conducted by the Foundation, polled 1,013 registered voters in the US between August 21st and August 23rd. The margin of error for this poll is plus/minus 3.1%.
Back in July, we revealed the fact that according to the latest data from the government’s FiscalData platform, America’s public debt is increasing rapidly. In just four days, it has risen by $57.2 billion.
The total debt surpassed $32 trillion on June 16th and has now increased by an additional $590 billion as of July 20th. Check out our previous article for more details.
