Quietly the U.S. national debt gains almost $1.2 trillion in fourth quarter, now at $29.62 trillion

United States National Debt
(1971-2021)

Source: St. Louis Federal Reserve [FRED]

Chart note: Quietly, the U.S. national debt is approaching the $30 trillion mark. It gained a surprising $710 billion in the month of December alone and is up nearly $1.2 trillion in the final quarter of 2021. As of December 31, it stands at $29.62 trillion.

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