US National Debt Hits Record $40 Trillion
#NationalDebt #FiscalCrisisUS national debt surpasses $40 trillion, doubling in a decade amid entitlement costs, interest payments, and tax cuts. Experts warn of fiscal crisis and market volatility as Treasury yields rise. read more
U.S. National Debt Hits Historic $40 Trillion Mark
#NationalDebt #FiscalCrisisThe U.S. federal debt hit a record $40 trillion, with spending outpacing revenues by over $2 trillion yearly. Interest costs exceed $1 trillion annually, threatening economic growth. Officials warn the fiscal path is unsustainable, urging Congress to address the crisis. read more