Editorial: As US debt reaches the barely imaginable milestone of $40 trillion, America’s ability to meet its financial obligations – coupled with the reality that the global economy depends on decisions made in Washington – should concentrate White House minds on ending its consequential war with Iran

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…

The national debt is now over $40 trillion, a historic high that economists warn is bad news for the United States.

Scott Bessent thinks it’s A-OK that the national debt is ballooning.