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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Trump Warned $24T Debt Was 'Point of No Return' Before America Plunged Into $40T Debt Under His Watch

Under Trump, the US national debt has surged (Credit: The White House via Wikimedia Commons)

Donald Trump once told voters that a £17.6 trillion ($24 trillion) national debt would be the moment America became 'unsalvageable', and the country has now sailed past £29.4 trillion ($40 trillion) on his own watch.

The gross national debt crossed the $40 trillion threshold for the first time in history this week, according to the United States Treasury, deepening fears of a slow-building fiscal crisis.

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