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wolfstreet.com: US National Debt Passes  Trillion, +.7 Trillion in 13 Months. General Treasury Account Down by 0 Billion in 2 Months, 0 Billion to Go

Read Full Article Here: https://wolfstreet.com/2021/04/04/us-national-debt-passes-28-trillion-4-7-trillion-in-13-months-general-treasury-account-down-by-480-billion-in-2-months-620-billion-to-go/

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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