Federal Debt Tops $27 Trillion for First Time

(CNSNews.com) – The debt of the federal government topped $27 trillion for the first time on Thursday, October 1, when it climbed from an opening balance of $26,945,391,194,615.15 to a closing balance of $27,026,921,935,432.41, according to data published by the U.S. Treasury Department.

READ  Federal Reserve extends US emergency lending programs through March 31

The table below from the Treasury Department’s “Debt to the Penny” page shows the value of the federal debt at the close of business on each of the last twelve business days:

www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-tops-27-trillion-first-time