U.S. debt jumps $300 billion — tops $17 trillion for first time

U.S. debt jumped more than $300 billion on Thursday, the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week.

The debt now equals $17.075 trillion, according to figures the Treasury Department posted online on Friday. The $328 billion increase is an all-time record, shattering the previous high of $238 billion set two years ago.
Read more at the Washington Times