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US national debt crosses $40 trillion mark after more than doubling in only a decade
‘It is staggering how predictable the fiscal decline of a global power can become,’ the president of the Committee for a Responsible Federal Budget said
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npr.org
The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs…
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cbsnews.com
National debt tops $40 trillion after doubling in less than a decade, Treasury data shows
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
