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US debt tops $40t, stoking fiscal concern
The United States Treasury Department said on Wednesday that total US government debt had surpassed $40 trillion, while announcing plans to at least double the maximum size of its liquidity-support buyback operations for longer-dated Treasury securities from $2 billion to at least $4 billion per operation.
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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.
