WASHINGTON, Jun 17 US public debt breaks 32 for the first time trillion dollars, according to statistics from the US Department of the Treasury.
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“The total outstanding public debt is $32 trillion 39 billion 244 million,” the department specified.
Previously, this figure was based on the level of 31.95 trillion dollars.
In early June, President Joe Biden signed into law a temporary increase in the national debt ceiling until January 1, 2025. This happened a few days before a possible default, which, according to the US Treasury, could come on June 5th. Biden stressed that the crisis and collapse in the US economy were avoided, but the stakes were «higher than ever».