The national debt rose above $26 trillion for the first time this week, as the U.S. government spends at a historic pace while pumping trillions into coronavirus relief. According to data released by the Treasury Department, the national debt hit $24 trillion on April 7 and $25 trillion on May 5. This comes after Congress has passed, and President Trump has signed, four coronavirus relief bills, including the $2.2 trillion CARES Act in late March. This instantly accelerated spending and contributed to the record deficit, and lawmakers have pushed to spend even more as the pandemic drags on. House Democrats on May 15 passed the HEROES Act, a $3 trillion coronavirus relief bill that received 14 "no" votes from Democratic lawmakers who warned it was dead on arrival in the Senate.

Source: Fox News June 11, 2020 12:45 UTC