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
Saudi Arabia and Pakistan have reaffirmed that they will not seek normalization of ties with Israel, rejecting U.S. President Donald Trump's call for the two countries to join the Abraham Accords.
Saudi Arabia's position on the Palestinian issue remains unchanged, a Saudi source told Al Arabiya TV on Monday.
The source affirmed the need for "an irreversible pathway to a Palestinian state".
The remarks came after U.S. President Donald Trump urged Muslim-majority and regional countries to normalize relations with Israel and join the Abraham Accords before the U.S. reaches a peace agreement with Iran.
Saudi Arabia has repeatedly said it would not normalize relations with Israel without the establishment of a Palestinian state.
Pakistani Defense Minister Khawaja Asif said on Tuesday that Pakistan will not join any agreement to normalize ties with Israel, adding that the country will not accept any deal that "conflicts with its fundamental ideologies".
Trump on Monday urged Saudi Arabia, Qatar, Egypt, Jordan, Turkey and Pakistan -- countries involved in mediating U.S.-Iran talks -- to immediately join the Abraham Accords, warning that otherwise they should not participate in the mediation.
He added that if a U.S.-Iran deal is reached, Iran should also join the agreement.
The Abraham Accords, brokered by the United States in 2020 during Trump's first term, were established between the Israeli government and Arab countries including the United Arab Emirates, Bahrain, Sudan and Morocco, aimed at rapidly advancing the normalization of relations between Israel and Arab countries.
Before the outbreak of the latest round of Israeli-Palestinian conflict in October 2023, the United States had been pushing for normalization between Saudi Arabia and Israel.
After the conflict erupted, Saudi Arabia suspended normalization talks with Israel.
Saudi Arabia, Pakistan reject Trump's Abraham Accords demand
