America's national debt rose to over $40 trillion this week, and it might mean your mortgage or auto loans could get more expensive.
What's happening with the national debt — and how it could affect your wallet
By
Juliana Kaplan
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The ballooning debt puts upward pressure on interest rates for mortgages and credit cards, some analysts said.
Rising debt makes loans and credit cards more expensive at a time when affordability is top-of-mind for many Americans.
Jump to contentAllNewsSportCultureLifestyleThe U.S. national debt has crossed the $40 trillion mark due to pandemic spending,…
Rising debt could pressure lawmakers to raise taxes, cut spending or change federal benefits.
The U.S.’s soaring national debt lowers the standard of living and makes it harder to achieve the American dream.
US national debt has crossed $40 trillion for the first time, raising concerns over borrowing costs, federal spending, deficits…
Here’s how the US national debt hitting $40 trillion may impact average American
