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The Times of India
The Times of India
World
TOI World Desk

US debt tops $40 trillion - $20 trillion since Trump first took office

United States Donald Trump Social Security Medicare Joe Biden National Debt

The US national debt has crossed the $40 trillion mark for the first time, according to Treasury data showed on Wednesday. The milestone comes as rising spending on defence, Social Security and Medicare, alongside mounting interest payments, pushes federal borrowing to a record level.

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