Article Synopsis
The U.S. national debt has surpassed $35 trillion, equating to $104,497 per person and $266,275 per household. This marks a significant increase from the previous year’s $32.65 trillion. Rep. Jodey Arrington (R-Texas) emphasized the urgent need for fiscal responsibility, quoting former presidents Ronald Reagan and James Madison.
Arrington called the national debt America’s greatest 21st-century challenge, urging for leadership to rein in spending and restore fiscal sanity. Meanwhile, the White House defended President Biden’s efforts to reduce the deficit, contrasting them with past increases under the previous administration.
US National Debt Surpasses $35 Trillion
7/29/2024
Article from Newsmax by Sam Barron
Article Synopsis
