📰 22 sources covering this story

How Washington’s interest bill on the $40 trillion national debt exploded 14% in just 9 months

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How Washington’s interest bill on the $40 trillion national debt exploded 14% in just 9 months
Fortune
Fortune1 hrs ago
How Washington’s interest bill on the $40 trillion national debt exploded 14% in just 9 months
If you thought last year’s national debt numbers were chilling, you haven’t seen anything yet. In the second week of August, the CBO released its Monthly Budget Review giving year-to-date totals, calculated through July, for federal FY 2026, ending September 30. For the first 10 months of fiscal 2026, Washington’s carr
Malay Mail
Malay Mail9 hrs ago
National Housing Policy: What does the policy mean for Malaysians
KUALA LUMPUR, Aug 24 — Malaysia’s newly unveiled National Housing Policy or Dasar Perumahan Negara (DRN) 202...
CNN
CNN16 hrs ago
The national debt just hit $40 trillion. But how much is $40 trillion?
The national debt just hit $40 trillion. But how much is $40 trillion?  CNN
LBC News
LBC News1 days ago
US national debt reaches $40 trillion | Simon Marks' American Week - lbc.co.uk
US national debt reaches $40 trillion | Simon Marks' American Week  lbc.co.uk
Al Jazeera
Al Jazeera2 days ago
US debt tops $40 trillion, Americans left with the bill
The US national debt has officially surpassed $40 trillion for the first time in history, and it’s growing fast.
The Sun
The Sun2 days ago
Britain’s debt nears £3TRILLION amid ballooning benefits bill of £30bn a month
BRITAIN’S debt is hurtling towards £3trillion amid the ballooning benefits bill of almost £30billion a month. Chancellor John Healey had to borrow another £1.8billion in July despite economists expecting him to balance the books. Britain was about £2.985trillion in the red at the end of the month — roughly £96billion m
Scott Bessent cannot save the bond market from Congress’s $40 trillion national debt
One month after the bond market went ballistic, with the 10-year Treasury yield breaching 4.7% and the 30-year Treasury yield skyrocketing to 5.17%, the market is now well and truly imploding. The benchmark 10-year hasn’t come down, and the 30-year has catapulted toward 5.3%, hitting its highest level since before the
HuffPost
HuffPost2 days ago
JD Vance Says $40 Trillion U.S. Debt Is Biden’s Fault, And Critics Are Tired Of The Blame Game
JD Vance Says $40 Trillion U.S. Debt Is Biden’s Fault, And Critics Are Tired Of The Blame Game  HuffPost
Time
Time2 days ago
How Much the National Debt Grew Under Trump and Biden
The U.S.’s national debt surpassed $40 trillion for the first time ever this week—more than double what it was a decade ago.
Quartz
Quartz2 days ago
Treasury secretary claims U.S. budget deficit has peaked as debt tops $40 trillion
Treasury Secretary Scott Bessent made the claim a day after the U.S. national debt crossed $40 trillion for the first time
The Telegraph
The Telegraph2 days ago
Soaring welfare bill pushes national debt to almost £3tn
Britain’s soaring welfare bill forced John Healey to borrow more to balance the books last month.The gap between tax receipts and spending unexpectedly resulted in a £1.8bn deficit in July, taking the national debt to within a whisker of £3tn.Economists had predicted the Government would borrow nothing and blamed the d
Irish News
Irish News2 days ago
Soaring welfare bill pushes national debt to almost £3tn
Britain’s soaring welfare bill forced John Healey to borrow more to balance the books last month.The gap between tax receipts and spending unexpectedly resulted in a £1.8bn deficit in July, taking the national debt to within a whisker of £3tn.Economists had predicted the Government would borrow nothing and blamed the d
The national debt is $40 trillion. What does that mean mathematically?
An investigation into the incomprehensibly, unfathomably large amount of money the U.S. owes
The Mirror
The Mirror2 days ago
UK's national debt edged closer to the £3TRILLION mark last month
A boost from self assessed tax receipts boosted the Treasury's coffers last month but Chancellor John Healey faces tough choices in the autumn Budget
The Hill
The Hill3 days ago
Vance: Bessent has ‘very discreet plan’ to shrink $40 trillion national debt
Vice President Vance said Thursday night that Treasury Secretary Scott Bessent has a “very discreet plan” to shrink the nation’s debt. “He [Bessent] has had a very discreet plan, of course, supported by the president of the United States, to get the United States to a point where our economy is growing faster than our…
Dawn
Dawn3 days ago
US national debt surges past $40 trillion for first time
US national debt surges past $40 trillion for first time  Dawn
Newsweek
Newsweek3 days ago
How $40 Trillion National Debt Grew Under Trump Compared to Biden and Obama
That figure is more than double the $19.95 trillion recorded when Donald Trump first entered the White House in January 2017.
Daily Maverick
Daily Maverick4 days ago
US debt crosses $40-trillion threshold after doubling under Trump and Biden
WASHINGTON, Aug 19 (Reuters) - Total US debt has topped $40-trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments far outstrip revenues held back by tax cuts.
The Daily Star
The Daily Star4 days ago
US debt crosses $40 trillion threshold after doubling under Trump and Biden
The Treasury's latest daily cash and debt balances statement showed total public debt outstanding at $40.047 trillion on Tuesday, a total that includes Treasury securities held by the public of $32.266 trillion and intra-governmental debt holdings of $7.782 trillion.
New York Post
New York Post4 days ago
US debt crosses $40T after doubling under Trump, Biden — sparking new warnings of fiscal crisis
Budget watch dogs warn that a full-blown debt crisis could erupt unless lawmakers confront an unsustainable fiscal outlook and raise taxes, cut spending or both.
Reuters
Reuters🏁 first to report4 days ago
US debt crosses $40 trillion threshold after doubling under Trump and Biden
US debt crosses $40 trillion threshold after doubling under Trump and Biden  Reuters