US gross national debt tops $40tn for first time

Source: www.theguardian.com · Section: headlines · Bias: Center · Published: Wed, 19 Aug 2026 21:24:01 GMT

Milestone marks years of government spending that grew under both Donald Trump and Joe BidenUS debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade.The treasury’s latest debt balance showed $40.047tn on Tuesday afternoon, the highest in US history. Continue reading...

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The same story across the political spectrum (15 sources)

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