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strikeAug 20, 2026

The Latest: The US national debt hits a record $40 trillion

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The Latest: The US national debt hits a record $40 trillion The United States’ debt surpassed a record $40 trillion Wednesday, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of federal spending.

Source: The Associated Press — Read the full report

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  • The Associated PressBy The Associated Press

    The Latest: The US national debt hits a record $40 trillion The United States’ debt surpassed a record $40 trillion Wednesday, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of federal spending. The milest…

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