Debt surpasses $22 trillion for first time

The Hill: The gross national debt has surpassed $22 trillion for the first time in the U.S. history, according to Treasury Department data released Tuesday.

“This milestone is another sad reminder of the inexcusable tab our nation’s leaders continue to run up and will leave for the next generation,” said Judd Gregg and Edward Rendell, co-chairman of the debt watchdog group Campaign to Fix the Debt.

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