National debt surpasses $28 trillion

Repost from 4-5-2021

Ramirez cartoon depicting the national debt as a black hole
Cartoon courtesy of MichaelPRamirez.com

USAGOLD note: On October 1, the national debt was at $27 trillion. So it took six months to add $1 trillion to the total. As of April 1, the aggregate national debt stood at $28,081,128,042,930.95. We haven’t even gotten around to fully shelling out the $1.9 trillion stimulus package as yet, and Congress is just getting started on the infrastructure legislation – another black hole indeed.

 U.S. National Debt
bar chart showing the national debt through March 2021 now at $28 trillion

Chart courtesy of TradingEconomics.com

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