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The Treasury Department data comes as tax revenue has fallen and federal spending continues to rise.

U.S. National Debt Hits Record $22 Trillion

Federal deficits are now expected to average $1.2 trillion, or 4.4 percent of gross domestic product — far higher than the average over the past 50 years.

Protesters gather in New York City in February 2019 to advocate for the decriminalization of sex trades in the city and state. The Manhattan District Attorney's Office announced more than two years later it would stop prosecuting prostitution and seek the dismissal of hundreds of related cases dating back decades.

A 'Relic' And 'Burden': Manhattan District Attorney To Stop Prosecuting Prostitution

Cyrus Vance Jr. announced the new policy on Wednesday and appeared virtually in court to seek the dismissal of more than 5,000 prostitution-related cases dating back to the 1970s.

In this May 6, 2021 file photo, a group opposing new voter legislation gather outside the House Chamber at the Texas Capitol in Austin. Texas Republicans dug in Saturday, for a final weekend vote on some of the most restrictive new voting laws in the U.S., finalizing a sweeping bill.

Texas GOP's New Voting Restrictions On Verge Of Approval

Republicans in the Texas Senate muscled one of the most restrictive new voting laws in the U.S. to the cusp of the governor's desk early Sunday.

Biden's D.C. Appeals Court Nominee Viewed As Potential Supreme Court Justice

Ketanji Brown Jackson, nominated Tuesday to the U.S. Court of Appeals for the District of Columbia, is among the top contenders for a seat on the Supreme…

Fred Made Landfall in Florida Panhandle as Strong Tropical Storm

Tropical Storm Fred was gradually gaining strength and slowing down as it approached the Florida Panhandle Monday morning, with landfall expected near Panama City Monday afternoon.

The Hunt for Stolen Art

Linda Wertheimer speaks with Robert Wittman, senior investigator of the FBI's new Art Crimes Unit, about searching for -- and recovering -- stolen art and artifacts around the globe.

Hurricane Waters Pour into Parts of New Orleans

Rain and storm surge from Hurricane Rita have sent water over and through breaches in patched levees around New Orleans. The lower Ninth Ward, which was completely flooded by Hurricane Katrina, is once again under water.

A statue of a pumpjack and drilling rig sits next to a gas station in Odessa, Texas, on March 13. U.S. oil companies are under pressure to drill more, but they are constrained in how much they can do.

Here are 3 reasons why Big Oil can't just drill more to ease the pain at the gas pump

The Biden administration is encouraging U.S. oil companies to increase their production to help curb record-high gasoline prices. Turns out, however, that boosting output is easier said than done.

American operatic soprano Beverly Sills, photogrpahed in 1970. 9th January 1970.

Soprano Beverly Sills: A Silvery Voice, Silenced at 78

The soprano, known for her lustrous voice and irrepressible personality, has died. She's remembered for her roles on stage and as a successful, media-savvy arts administrator and advocate.

Oleh Pokrovsky helps man a small checkpoint on a bumpy road leading to his village. "The privilege that we have of sitting here at this checkpoint is thanks directly to those who are enlisted in the military and are defending Ukraine's borders," he says. "If it weren't for them, then this would be under Russian occupation right now."

Far from the front lines, Ukrainians guard checkpoints and wait for the war to come

Checkpoints have sprung up across Ukraine since Russia's invasion. Men at a checkpoint near Lviv have Molotov cocktails ready. Even hundreds of miles from the battles, the war hangs over everything.

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