EconomyUS national debt reaches $40 trillion for the first time

Name: US national debt reaches $40 trillion for the first time
Uploaded: 2026-08-21T01:00:27.000Z
Description: US government borrowing is rising at a historic pace. Debt increased by $3 trillion in the past year despite President Trump’s promises to control spending. National debt has doubled over the last decade and now exceeds $40 trillion, or nearly $120,000 per person in the United States.

US government borrowing is rising at a historic pace. Debt increased by $3 trillion in the past year despite President Trump’s promises to control spending. National debt has doubled over the last decade and now exceeds $40 trillion, or nearly $120,000 per person in the United States.

DW News 2026-08-21 01:00