US National Debt Surpasses $40 Trillion as Fiscal Pressure Mounts
US National Debt Surpasses $40 Trillion as Fiscal Pressure Mounts The US national debt has crossed the $40 trillion mark for the first time, reaching about $40.05 trillion on August 18, 2026. The milestone marks a more than doubling of gross federal debt from just under $20 trillion in 2016. Years of federal budget deficits, … Read more