(CNS News) – When asked when the federal government will pay of the $3.78 trillion debt accumulated so far this fiscal year, Sen. Mazie Hirono (D-Hawaii) did not answer directly but said America is facing a “massive crisis” now and the focus should be on “the millions who are without jobs.”
At the U.S. Capitol on Thursday, CNS News asked the senator, “So far in fiscal 2020, the federal debt has increased by $3.78 trillion. When do you predict the government will pay off the debt it has added this year?”
Sen. Hirono responded, “Frankly, you know what, we are faced with a massive crisis and our priorities should be to help the people, the millions who are without jobs, and all the people who are facing basically economic ruin and losing their homes and everything else.”
“That should be our focus in my view,” she added.
The fiscal year runs from October 1 through September 30. At the close of the 2019 fiscal year on September 30, 2019, the national debt was $22,719,402,000,000. On August 4, 2020, the national debt was $26,503,236,000,000.
That is an increase of $3,783,834,000,000 in a little less than one fiscal year. The Democrats’ $3.7 trillion HEROES Act, which has been proposed to provide aid during the COVID-19 pandemic, would add more than $5 trillion to the debt, if passed into law.