#us spending

🇺🇲 🏦 🚨 U.S. NATIONAL DEBT RISES ABOVE $34 TRILLION FOR FIRST TIME

The United States Federal Government's total public debt has risen above $34 trillion for the first time.

According to a U.S. Treasury statement from Friday, the Federal Government's total public debt topped $34 trillion on Thursday.

Maya MacGuineas, President of the Committee for a Responsible Federal Budget, said in a statement that "the U.S. gross national debt hit $34 trillion dollars Friday, which is barely three months after it hit $33 trillion, and this truly a depressing achievement."

"There is not a single economic reason to add to the debt at the rate we are, but sadly our political leaders are unwilling to make the changes we need to turn the fiscal situation around," MacGuineas added.

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The U.S. Embassy in Jerusalem will cost almost 100 times more than Trump claimed in March. "They put an order in front of my desk last week for $1 billion," Trump claimed at the time, "We’re actually doing it for about $250,000, so check that out." But a Maryland construction firm has now been awarded a $21.2 million contract to design and build "compound security upgrades" at the embassy. (Newsweek)

The federal government spent more than $65,000 at Trump's Turnberry golf club and resort in Scotland during his visit to the UK. (The Scotsman)