U.S. National Debt Nears Record High $31 Trillion Thanks to Joe Biden’s Semiconductor Vow, Student Loan Forgiveness and Green Deal Plans

National debt is set to hit $31 trillion as early as this month – a new milestone showing the dire financial state of the U.S. as President Joe Biden continues to tout economic wins. While the massive boost in spending has quelled from the coronavirus pandemic, a result of multiple trillion-dollar aid packages, the economy has not recovered beyond the health crisis as anticipated. A debt calculator shows the $30.88 trillion as of Monday evening, with the figures ticking up every second by the thousands.

RELATED: US national debt nears $31 trillion and counting

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