Amidst Soaring Government Spending, National Debt Hits Record High
“The Treasury Department announced Tuesday that the total national debt had surpassed $30 trillion for the first time.”
“The consequences of overspending will not be trivial. Over the next 30 years, interest payments are projected to total more than $60 trillion, according to the Congressional Budget Office,” Matthew Dickerson and Joshua Loucks write at the Daily Signal.