Why the U.S. National Debt Hit $40 Trillion – and Why It’s Still Rising
The U.S. national debt has crossed $40 trillion for the first time. According to Treasury data, total federal debt reached approximately $40.047 trillion on August 18, 2026. About $32.266 trillion was debt held by the public, while roughly $7.782 trillion was held by federal government accounts. But the $40 trillion headline is not the most … Read more