US Breaking News: US debt hits $40 trillion: Who does Washington owe and why does it matter?

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Daily USA News

Details: Written by Bing News Search Results; Category: Daily USA News; Published: 20 August 2026; Created: 20 August 2026; Last Updated: 20 August 2026

Heavy borrowing, increased spending and tax cuts by Democratic and Republican administrations have long raised concern.
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Posted: 2026-08-20 06:18:31

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US Breaking News: US debt crosses $40 trillion threshold after doubling under Trump and Biden
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By David Lawder and Jacob Bogage WASHINGTON, Aug 19 (Reuters) - Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a ...
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US Breaking News: US-Iran War News: Trump Announces Major Economic Warfare on Iran, BTC Holds $69K
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US Breaking News: US debt crosses $40 trillion threshold after doubling under Trump and Biden
Thu, 20 Aug 2026 07:07:32 +0000

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