And it now amounts to $28.08 trillion, as per US Treasury Department on Friday.
The US gross national debt has now spiked by $4.7 trillion in 13 months since the end of February 2020, in the days before this show started.
In early February, a schedule was announced: the balance would be brought down by $1.1 trillion to $500 billion by June.
In the two months since early February, the balance has plunged by $480 billion to $1.12 trillion.
Not having to borrow this $1.1 trillion of spending during the first half of 2021 is taking pressure off the Treasury market.
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