Credit hole: national debt United States of America for the first time exceeded $33 trillion

Public debt United States of America for the first time for all history of the country exceeded $33 trillion, materials United States Department of the Treasury testify. After at the beginning of June the country managed to avoid at the last minute defaults, the sum grew by $1,6 trillion Washington D.C. continues to borrow actively money for payment of the most necessary — these expenditure cannot already be covered with help the income budgets. And in process of increase of interest rates in States service of debts becomes more and more burdensome for economy and in the next years can become the largest item of expenditure of the American treasury. Present...