The United States’ gross national debt crossed $39 trillion on Tuesday, a grim new threshold that a prominent fiscal watchdog says reflects decades of irresponsibility from both Republicans and Democrats — with no signs that Washington is ready to change course.
“Surpassing $39 trillion in gross debt is an embarrassing milestone that both parties have helped build over decades, and neither seems particularly interested in addressing it before we hit $40 trillion,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), in a statement released Wednesday.
