Categories: Business News

US debt crosses $40 trillion threshold after doubling under Trump and Biden

By David Lawder and Jacob Bogage WASHINGTON, Aug 19 (Reuters) – Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday,…

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Published: August 20, 2026 05:52:08 IST

By David Lawder and Jacob Bogage WASHINGTON, Aug 19 (Reuters) – Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: August 20, 2026 05:52:08 IST

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