U.S. Debt Tops $34 Trillion as Congress Faces More Fiscal Deadlines
• U.S. national debt exceeded $34 trillion for the first time on January 6, 2023 • Debt milestone comes just 3 months after crossing $33 trillion mark • Congress facing more spending deadlines after narrowly averting shutdowns in 2022 • Funding for federal agencies set to expire on January 19 and February 2 • Fitch downgraded U.S. credit rating from AAA to AA+ in August over debt burdens and partisan battles