Bipartisan spending pushes U.S. national debt past the historic $40 trillion mark
The national debt reached $40 trillion this week. It's an eye-popping figure -- one that has grown as the influence of debt and deficit hawks has receded in Congress.
Last updated: 2026-08-22 19:50:20 ET
The national debt reached $40 trillion this week. It's an eye-popping figure -- one that has grown as the influence of debt and deficit hawks has receded in Congress.
Fears about the war in Iran, government deficits, the economy and corporate borrowing stirred global markets.
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