U.S. national debt exceeds $37 trillion for the first time

The latest data released by the U.S. Treasury Department showed that as of that afternoon, the total U.S. national debt had reached $370,048,176,258,420. Maya McGuinias, chairwoman of the Committee for a Responsible Federal Budget, stated that the U.S. fiscal situation is seriously out of balance, but Congress has continued to exacerbate it.