logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

US national debt surpasses $33 trillion, Congress grapples with funding dilemma

By IBNS
Sep 19, 2023..

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.

Leave a Reply
Post comment
Related News
Elon Musk expresses 'disappointment' over Trump's 'big, beautiful bill', says it will 'increase budget deficit'
May 28, 2025..
'We eliminated Hamas' Gaza chief Muhammad Sinwar': Israeli PM Benjamin Netanyahu
May 28, 2025..
BNP demands general polls should be held in Bangladesh by December
May 28, 2025..
New judge from Jordan elected to the International Court of Justice
May 28, 2025..
Sri Lanka: UK woman arrested for deadly drug smuggling
May 28, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved