The Latest Breaking News from National Debt

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.

Fortune · Aug 20

The Latest: The US national debt hits a record $40 trillion

The United States’ debt has surpassed a record $40 trillion, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of federal spending

The Independent UK · Aug 20

US debt crosses $40 trillion but everyone still trusts Uncle Sam. But for how long?

TOI correspondent from Washington: The United States’ national debt crossed $40 trillion on Tuesday, a number so large that even breaking it up with commas can scarcely make it comprehensible. As in a 4 followed by 13 zeroes: $40,000,000,000,000!

The Times of India · Aug 20

US debt tops $40 trillion as Treasury doubles bond buybacks to calm markets

The US Treasury moved on Wednesday to calm a bond market rattled by surging borrowing costs, doubling the size of its debt buybacks hours before separate figures confirmed that the national debt had climbed past $40 trillion (€34.4tn) for the first time.

Euronews · Aug 20

Thomas Massie Says Every American Is Paying $4,000 a Year in Debt Interest, Blames Primary Loss on Fighting Policies Behind $40 Trillion Debt

Rep. Thomas Massie (R-Ky.) said Wednesday that the growing burden of interest payments on the national debt is the direct result of policies he opposed in Congress, a stance that he says cost him his re-election bid.

Benzinga · Aug 20

National debt soars past 40 trillion dollars raising fresh inflation and economic vulnerability worries

IN FULL

The Independent UK · Aug 20

Nikki Haley Warns Social Security Could 'Go Bankrupt' in 5 Years as US Debt Surges Past $40 Trillion: 'Past a Crisis Situation'

Former UN Ambassador Nikki Haley warned that Social Security faces a looming funding crisis as the U.S. national debt surpassed $40 trillion, intensifying concerns over the government’s fiscal outlook.

Benzinga · Aug 20

US national debt exceeds $40 trillion for first time

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.

Bangkok Post · Aug 20

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

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.

The Times of India · Aug 20

US national debt exceeds $40 trillion for the first time, fuelled in part by Trump tariffs

The US gross national debt surpassed $40 trillion for the first time, Treasury data showed on Wednesday, exceeding earlier forecasts as borrowing, interest costs and long-term obligations rose. Total public debt reached $40.05 trillion on Tuesday, above a Congressional Budget Office forecast of $39.4 trillion by the end of fiscal…

France 24 · Aug 19