US
US national debt surpasses $33 trillion, Congress grapples with funding dilemma
Washington/UNI: The US national debt has soared past the $33 trillion mark, according to data released by the US Treasury Department.
As Congress races against time to secure funding before the end of the month to avoid a government shutdown, divisions within the House of Representatives have come to light.
Several House Republicans have voiced their opposition to a short-term funding bill proposed by chamber leadership, citing concerns over what they perceive as excessive government spending.
US Congressman Dan Bishop highlighted the staggering increase in the national debt, revealing that the United States has added $1 trillion to its existing debt since June, pushing it over the $33 trillion threshold.
Bishop also emphasized that the per-family share of this debt now stands at $260,000.
Bishop criticized Congress's response to this record level of debt, characterizing it as another attempt to pass a continuing resolution for government funding.
He referred to Congress and the government as "the swamp," a term often used to describe the bureaucracy in Washington.
On the same day, US Treasury Secretary Janet Yellen expressed her confidence in the economic trajectory of the United States, despite concerns over rising inflation and interest rates.
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