23.04.2020, 14:25
Media: US National Debt Reaches a Record $ 24.5 Trillion
Source: OREANDA-NEWS
OREANDA-NEWS. The total debt of the US federal government reached a record level of $ 24.5 trillion, which was facilitated by measures taken to combat coronavirus. This was announced on Thursday by an American television company.
Since January 1, US public debt has increased by $ 1.5 trillion, the television company said, commenting on the statements of President Donald Trump on Wednesday that he is not worried about the growth of national debt in connection with the allocation of trillions of dollars to overcome the consequences of the coronavirus pandemic.
The television company recalled that at the end of March, Trump signed a law on economic stimulus measures in the amount of more than $ 2 trillion, which is designed to mitigate the damage caused by the pandemic. The document provides, in particular, the payment of unemployment benefits, assistance to hospitals, assistance to a number of industries. On Tuesday, the US Senate approved another $ 500 billion package of measures. The House of Representatives is expected to vote on the bill on Thursday.
According to experts of the International Monetary Fund, released last week, the US public debt due to measures taken to counter the spread of coronavirus will grow in 2020 to 131.1% of GDP.
Since January 1, US public debt has increased by $ 1.5 trillion, the television company said, commenting on the statements of President Donald Trump on Wednesday that he is not worried about the growth of national debt in connection with the allocation of trillions of dollars to overcome the consequences of the coronavirus pandemic.
The television company recalled that at the end of March, Trump signed a law on economic stimulus measures in the amount of more than $ 2 trillion, which is designed to mitigate the damage caused by the pandemic. The document provides, in particular, the payment of unemployment benefits, assistance to hospitals, assistance to a number of industries. On Tuesday, the US Senate approved another $ 500 billion package of measures. The House of Representatives is expected to vote on the bill on Thursday.
According to experts of the International Monetary Fund, released last week, the US public debt due to measures taken to counter the spread of coronavirus will grow in 2020 to 131.1% of GDP.
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