Finance

Feds borrowed $4 billion per day in 2022, totaling $10K per household

By Washington Examiner
Published January 11, 2023 1:17pm ET
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Feds borrowed $4 billion per day in 2022, totaling $10K per household
President Joe Biden addresses a joint session of Congress, Wednesday, April 28, 2021, in the House Chamber at the U.S. Capitol in Washington. | (Jim Watson/AP)

(The Center Square) – Federal debt soared by $1.4 trillion in 2022 as President Joe Biden and Congress approved multiple new spending packages.

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Debt Economics Federal Money