New York Post
February 2, 2022 9:18am
America’s national debt has surpassed $30 trillion for the first time in history, the Treasury Department said this week.
The federal government exceeded the troubling threshold following a wave of borrowing and spending during the COVID-19 pandemic.
The national debt has expanded by approximately $7 trillion since January 2020, weeks before the pandemic began, as the Trump and Biden administrations dispersed stimulus payments and took other measures to support the economy.