Back on May 30, 2023, after then-Speaker Kevin McCarthy cut a deal with President Joe Biden to suspend any limit on the federal debt through all of 2024, Senate Majority Leader Chuck Schumer praised the deal as an act of “responsible” government.
“Again, nobody got everything they wanted,” said Schumer, “but this bill is the responsible and prudent and necessary way forward.”
At the close of business on the day Schumer made this statement, the federal debt was $31,463,988,658,765.75.
Get the hottest, most important news stories on the internet – delivered FREE to your inbox as soon as they break! Take just 30 seconds and sign up for WND’s Email News Alerts! At the close of business on April 8 of this year, the debt was $34,608,412,560,642.47.In just over 10 months since Biden and McCarthy made their deal, the debt has increased by more than $3 trillion ($3,144,423,901,876.72).To put this in […]
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