US GOVERNMENT DEPT RISES TO HISTORIC RECORD

US Treasury debt has surpassed $ 22 trillion for the first time in history, according to the US Department of State.

According to a statement from the ministry, US government debt has risen by more than $ 90 billion since early February, bringing it to $ 22.012 trillion (as of February 11).

In addition, the national debt in the past eleven months by more than a trillion US dollars has grown.
According to the newspaper USA Today, President Trump’s public debt has historically posted the highest growth rates, in many ways due to rising arms spending and last year’s tax reform, which has left the state budget at around $ 1.5 trillion tasted.

Earlier it had become known that the negative US budget balance in the financial year 2018 had increased by 17 percent to 779 billion US dollars. It is estimated to exceed $ 1 trillion in 2020.

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US Treasury debt has surpassed $ 22 trillion for the first time in history, according to the US Department of State.

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