
US National Debt Surpasses $40 Trillion, Raising Fiscal Concerns
The United States national debt has exceeded $40 trillion, leading to increased concerns about the financial burden on American taxpayers. This milestone highlights the growing cost of government spending.
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As debt surpasses $40 trillion, the bill for Washington spending comes due
Decades of free spending have run up a $40 trillion national debt. But this week's bond market sell-off suggests Washington may soon be compelled to make some long-deferred, and politically unpalatable, choices that will leave few Americans unscathed.
By David J. Lynch, Steve Thompson
Read full article →US debt tops $40 trillion, Americans left with the bill
The US national debt has officially surpassed $40 trillion for the first time in history, and it’s growing fast.
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