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Three things to know about the $40 trillion federal debt
The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since 2017, and just paying interest on the accumulated debt now costs the government more than $1 trillion a year.
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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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cnn.com
National debt reaches grim $40 trillion milestone. Here’s why that matters | CNN Business
The United States is digging itself into an ever-deeper debt hole.
