20-August-2026
Economy News
 
US debt crosses $40 trillion mark for the first time; more than doubled in 10 years
20-Aug-2026

The US government debt has crossed the $40 trillion mark for the first time, the Treasury Department said on Wednesday. This raises concerns as rising social safety-net costs and interest payments are outpacing government revenues.

News Source:- https://www.businesstoday.in/world/us/story/us-debt-crosses-usd-40-trillion-mark-for-the-first-time-more-than-doubled-in-10-years-550215-2026-08-20