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

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

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

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

The U.S. national debt this week topped $40 trillion, raising fresh concerns about how rising federal borrowing could affect Americans' finances.Why it matters: Americans don't personally owe the national debt, but rising debt could pressure lawmakers to raise taxes, cut spending or change federal benefits.State of play: The gross federal debt hit $40…

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