WASHINGTON – The US, the world’s leading debtor nation, has reached anotherquestionable milestone in its seemingly headlong rush into economicoblivion.

The combined debt of the United States has topped $21 trillion for thefirst time, according to government statistics, following an announcement amere six months ago that the debt had hit $20 trillion for the first time.

US President Donald Trump in February signed a letter to end the suspensionof debt-limits, which now permits unlimited borrowing until March 1, 2019,according to Marketwatch.com.

While a much wider US budget deficit is predicted by economistsfollowing the new December 2017 Trump tax cut, the rapid paceof large-scale borrowing has surprised many, as Washington’s February $215billion deficit is up 12 percent from the same month last year.

The unprecedented debt figure is only the beginning, claimedPeter Peterson, an investment banker and former United States Secretaryof Commerce under US President Richard Nixon.

“Our national debt reached a staggering $21 trillion today, having grown by$1 trillion in just the past six months,” Peterson noted, according to theWashington Examiner.

“Worse yet, this unfortunate milestone has only just begun to include theeffects of the recent fiscally irresponsible tax and spending legislation,which added more debt on top of an already unsustainable trajectory.”