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US national debt exceeds US$40tn for the first time

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Taipei Times
Taipei Times3 hrs ago
US national debt exceeds US$40tn for the first time
The US’ gross national debt has surged past US$40 trillion for the first time, government data showed on Wednesday, outstripping earlier forecasts at a pace fueled in part by US President Donald Trump’s invalidated tariffs.The record comes as longer-term US obligations linked to social security and healthcare have been
Punch
Punch🏁 first to report23 hrs ago
US national debt exceeds $40tn, govt data shows
US national debt has surpassed $40 trillion, driven by increased borrowing and rising interest payments. Learn how this impacts the US economy and global m