US national debt hits record $40 trillion

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โดย Yahoo Finance·US·Read original
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The US national debt has reached a record $40 trillion, according to Treasury data reported by Reuters. Total public debt outstanding hit $40.047 trillion on August 18, including $32.266 trillion held by the public and $7.782 trillion in government accounts. The debt has doubled from $19.95 trillion when Donald Trump first took office in January 2017, rising $7.8 trillion during his first term, $8.4 trillion under Joe Biden, and another $3.8 trillion since Trump returned to office in January 2025. Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget, warned that the debt will ultimately be felt throughout the economy and in consumers' pocketbooks. The federal government spent about $1.1 trillion on interest in the first 10 months of fiscal 2026, making interest the second-largest expense behind Social Security, and the Congressional Budget Office projects annual net interest costs will nearly double from $1 trillion in 2026 to $2.1 trillion in 2036.

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