The U.S. national debt recorded its third “depressing achievement” in the last 12 months, topping $34 trillion to close out 2023, according to the latest Treasury Department Debt to the Penny data. On Dec. 29, 2023, the national debt climbed approximately $90 billion in one day, to exceed $34.001 trillion. It took Washington roughly three months to add $1 trillion to the gross federal debt and six months to contribute $2 trillion. In a single year, the federal government’s total public debt outstanding rocketed about $2.65 trillion. By comparison, it took the United States more than 200 years to cross the $1 trillion mark,…
