Here's how America's $40 trillion debt can hit your wallet

U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues

President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut by spending on the Iran war, tax cuts and tariff refunds.

U.S. debt hits $40 trillion faster than forecasters expected

The landmark number was reached in part because of lost revenue from invalidated tariffs.

How did U.S. debt hit $40 trillion? Here's what to know

There is a lot to unpack about the national debt. Here's a starter guide to what's happening with the national debt right now.

America's Debt Just Hit $40 Trillion

The surprising way that America’s $40 trillion debt costs you

This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. America’s national debt cleared $40 trillion for the first time ever on Wednesday, a number so comically large as to feel imaginary. Seriously — look at it in all of its comma-strewn glory:…

Opinion | How the U.S. Went $40 Trillion in Debt

The problem isn’t tax cuts. Spending is way above historical norms.

What America’s $40 trillion debt means for taxpayers

The Treasury Department announced this week that the U.S.’s national debt surpassed $40 trillion, a grim milestone that promises to have a reverberating impact on millions of citizens. The debt, valued at around $120,000 per taxpayer, has been incurred because the government has been steadily spending more than it collects in taxes, creating a gaping…

Washington's $40 Trillion Debt Milestone