National Debt Surpasses $19 Trillion For First Time in U.S. History! (Video)

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For the first time ever, the United States’ national debt surpassed $19 trillion, coming in at approximately $19.012 trillion Friday.

After $18 trillion on Dec. 15, 2014, it took a 13 months for the debt to reach the new threshold, which is a slightly quicker climb in debt from years passed. It took about 14 months for the debt to reach $16, $17 and $18 trillion.

Though the national debt has been a hot-button issue for Republicans, and reduction in spending has been a cornerstone of many GOP presidential candidates’ campaigns, spending does not seem to be on the decline. In fact, over the last few years, the federal government has been free to borrow as much as needed. More

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