US National Debt Officially Surpasses $40 Trillion for the First Time
The United States national debt has crossed the $40 trillion threshold for the first time in history amid ongoing fiscal expansion.
- The US national debt surpassed $40 trillion
- This marks the first time the national debt has reached this level
Sources
- Al Jazeera — US debt tops $40 trillion, Americans left with the bill
- BBC — Watch: How does the US national debt affect consumers around the world?
- Business Insider — What's happening with the national debt — and how it could affect your wallet
- BBC — US borrowing costs rise as attempts to ease rates prove short-lived
- Yahoo Finance — U.S. Debt Nears $40 Trillion: The ETFs Getting Hit — and the Ones Investors Are Fleeing To