The U.S. debt has surpassed $33 trillion for the first time in history.

<div class="block">The U.S. debt has surpassed $33 trillion for the first time in history.</div>

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U.S. Debt Surpasses $33 Trillion

For the first time, the US debt has surpassed $33 trillion all while the government is facing a possible shutdown. This milestone was revealed in the Treasury Department's daily report yesterday. Currently, economists predict the nation's debt is going to reach $50 trillion by 2030 last week. House GOP members considered a short term stop gap funding bill that would cut federal spending for many agencies, but it's not likely to pass the Republicans because they're split within the party Congress has until September 30th to avoid its first shutdown since 2019.