US gross national debt tops $40tn for first time

Milestone marks years of government spending that grew under both Donald Trump and Joe Biden US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade. The tre...

Milestone marks years of government spending that grew under both Donald Trump and Joe BidenUS debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade.The treasury’s latest debt balance showed $40.047tn on Tuesday afternoon, the highest in US history. Continue reading...