The national debt of the United States surpassed $35 trillion for the very first time on Monday, said GOP lawmakers, who renewed calls for changes to rein in government spending.
House Budget Committee Chairman Jodey Arrington (R-TX)’s panel released a brief report that explained how the “gross national debt” equates to $104,497 per person, $266,275 per household, or $483,889 per child.
The report noted how the debt was at $32.65 trillion one year ago, which means it increased by $2.35 trillion over the past 12 months or — when broken down further — $268 million in new debt per hour.
“Today, we grieve yet another dubious milestone in the fiscal decline of the most powerful and prosperous nation in history,” Arrington said in a statement. He added, “I believe Republican leadership in 2025 is our last best hope to restore fiscal responsibility before it’s too…
