Business

National Debt Hits $40 Trillion Milestone

Updated 2026-08-19 21:55 UTC 1 source Negative

The U.S. national debt has surpassed $40 trillion, marking a significant increase from the $20 trillion mark in late 2017. This milestone reflects the country's financial challenges over the past decade.

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The Hill
The U.S. national debt crossed $40 trillion on Tuesday, according to newly released data from the Treasury Department. It marks a key milestone for the U.S., which has seen its total outstanding debt double over less than a decade. This sum first crossed the $20 trillion mark in late 2017 and reac
2026-08-19 21:23 UTC
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