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Learn more »The debt of the federal government topped $24 trillion for the first time on Tuesday, when it climbed from $23,917,212,663,857.59 to $24,011,523,316,653.36, according to data released by the Treasury Department.
On Wednesday, it continued climbing, ascending to $24,111,832,049,884.90.
The federal debt's climb from the $23-trillion threshold to the $24-trillion threshold was the fastest climb from one trillion-dollar marker to another in the history of the federal debt—taking only 159 days.
The second fastest jump from one trillion-dollar threshold to another was when the debt climbed from the $10-trillion mark on...