The U.S. Treasury Department revealed that the total U.S. national debt exceeded $33 trillion for the first time, a stark reminder of the country's fragile fiscal trajectory at a time when Washington faces the prospect of a government shutdown this month amid another battle over federal spending.
This comes as Congress appeared to be faltering in its efforts to fund the government ahead of the Sept. 30 deadline. Unless Congress can pass dozens of appropriation bills or approve a short-term extension of federal funding at current levels, the United States will face its first government shutdown since 2019."
Source (Al-Arabiya.net Website, Edited)
