The U.S. federal government's total public debt had surpassed 37 trillion U.S. dollars for the first time as of Tuesday afternoon, according to the latest data released by the Treasury Department on Tuesday.
The latest Treasury Department data showed that the gross national debt had hit 37,004,817,625,842.56 U.S. dollars as of Tuesday afternoon.
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US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said that the U.S. fiscal situation is severely imbalanced. To make matters worse, this year alone, one trillion U.S. dollars has been spent on interest costs, which have now become the second-largest expenditure in the federal budget, surpassing those for defense budget and health insurance.
MacGuineas stressed that the federal government has not taken steps to address the issue, allowing the situation to worsen.
US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
US national debt surpasses 37 trillion USD: Treasury Department
Authorities in southwest China's Xizang Autonomous Region have been implementing public wellbeing programs to ensure a good start to the 15th Five-Year Plan period (2026-2030), as high-quality public service resources continue to reach grassroots communities.
The Xizang Hospital, being built under the auspices of the West China Second University Hospital of Sichuan University, which was included in the fourth batch of national regional medical center projects in October 2022, is under construction.
Once operational, it will save local residents' trips to other provinces for medical treatment, effectively addressing the shortage of high-quality medical resources in the region.
During the 15th Five-Year Plan period, the regional government will make simultaneous efforts to increase the income of urban and rural residents, optimize basic public services, and broaden employment channels. It will also ensure that the number of families with no employed members is steadily reduced to zero, promote work-relief programs, and increase new urban employment opportunities.
Meanwhile, Xizang will step up the construction of county-level medical and health consortia, achieve full coverage of public childcare services at the prefecture level, and improve education, medical care, elderly care, and childcare services.
"We will continue to take improving people's livelihood and rallying people's support as our ultimate objectives, focusing on increasing employment and people's income, improving education quality, medical and health care, social security, elderly care, and childcare services, so that the achievements of building a new modern socialist Xizang can benefit more people in a fair manner," said Wang Jingcai, deputy director of the regional development and reform commission.
Authorities in Xizang roll out public wellbeing programs to ensure good start to 15th Five-Year Plan
