U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues
Aug 19, 2026
President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut by spending on the Iran war, tax cuts and tariff refunds.
https://www.nytimes.com/2026/08/19/business/economy/us-debt-40-trillion.html
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