US national debt passes new landmark ...News

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US national debt passes new landmark
source : Russia Today ( News ) () 17
The country’s gross financial liabilities topped $33 trillion for the first time on record US national debt has hit a record high of $33 trillion, according to a daily report detailing the nation’s balance sheet published by the Treasury Department on Monday.The real-time US debt clock website has put the actual debt level at $33.04 trillion, and the debt to GDP ratio at 122.4%. Commenting on the reading, Treasury Secretary Janet Yellen claimed that interest costs on the current debt are manageable. Nevertheless, she urged policymakers to act swiftly. “The president [Joe Biden] has proposed a series of measures th

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