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Bangkok Post
Bangkok Post
World

US national debt exceeds $40 trillion for first time

National Debt Donald Trump Jessica Riedl United States Washington D.C.
An electronic display shows the national debt in Washington, DC. (Photo: AFP)

WASHINGTON - The US gross national debt has surged past $40 trillion for the first time, government data showed Wednesday, outstripping earlier forecasts at a pace fuelled in part by President Donald Trump's invalidated tariffs.

The uptick in borrowing comes as longer term US obligations linked to social security and health care have been growing, while interest payments have climbed as well.

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