EconomyUS national debt tops $40 trillion: What are the risks?
Treasury data shows US national debt has crossed $40 trillion for the first time. Experts warn that rising borrowing and interest costs could fuel inflation, crowd out other spending priorities and raise borrowing costs for households and businesses; public debt reached 122.6% of GDP in the first quarter of 2026.
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CGTN★★★☆☆2026-08-20 11:54Original
US national debt tops $40 trillion: What are the risks?
Economy