by Tyler Durden
Friday, Jun 25, 2021 - 11:20 PM
The total U.S. national debt reached an all-time high of $28 trillion* in March 2021, the largest amount ever recorded.
Recent increases to the debt have been fueled by massive fiscal stimulus bills like the
CARES Act ($2.2 trillion in March 2020), the
Consolidated Appropriations Act ($2.3 trillion in December 2020), and most recently, the
American Rescue Plan ($1.9 trillion in March 2021).
To see how America’s debt has gotten to its current point, Visual Capitalist's Marcus Lu and Christina Kostandi created an interactive timeline using data from the Congressional Budget Office (CBO). It’s crucial to note that the data set uses U.S. national debt held by the public, which excludes intergovernmental holdings.