US national debt hits $33 trillion mark for first time ever

America’s national debt soared past the $33 trillion mark for the first time ever, according to the Treasury Department, even as the Biden administration and the GOP-led House are on a collision course that may prompt the first government shutdown in nearly four years.

House Speaker Kevin McCarthy (R-Calif.) is at loggerheads with members of his caucus who are demanding steep spending cuts and crackdowns on illegal immigration in return for their support for a short-term spending measure that would keep the federal government operating. ---More...

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