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US debt tops $40 trillion - $20 trillion since Trump first took office
The US national debt has crossed the $40 trillion mark for the first time, according to Treasury data showed on Wednesday. The milestone comes as rising spending on defence, Social Security and Medicare, alongside mounting interest payments, pushes federal borrowing to a record level.
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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.
