What the Nation's $40 Trillion Debt Means for You
Experts say interest costs now consume about 60 cents of every borrowed dollar, and higher bond yields could lift mortgage, auto and credit card rates.
8 Articles
8 Articles
This week, the 30-year-old U.S. Treasury Yield reached 5.33%, the highest value since June 2007. Also the 10-year-old U.S. sovereign income rose, reaching close to 4.75%, after reaching 4.77% in January 2025 and 4.99% in October 2023. A 10-year-old Yield above 5% would represent the highest value since July 2007. Also this week, the U.S. public debt exceeded $40 billion for the first time, currently representing U.S. debt about 123.5% of GDP, co…
Exploring the $40 trillion national debt
John Puri writes for National Review Online about the origins of our massive federal government debt. This week marks an ignoble milestone: America’s national debt is crossing $40 trillion for the first time, months earlier than was forecast. Although this exact threshold is more symbolic than intrinsically significant, … now is as good a time...
US CROSSES $40 TRILLION DEBT THRESHOLD, DOUBLES SINCE 2017
Fri 21 August 2026: Federal debt increased by roughly $11.6 trillion across President Trump’s two terms and by about $8.5 trillion during Joe Biden’s presidency. According to Treasury Department data, the U.S. national debt has now exceeded $40 trillion for the first time, more than doubling in under a decade. Total public debt outstanding reached […]
Latinus This is mainly due to the fact that the Republican government stopped charging tariffs on imports from all over the world after the Supreme Court ruled that they were illegal The U.S. public debt for the first time in its history exceeded $40 trillion, as shown by the data issued on Wednesday by the Treasury Department. According to its daily publication, the so-called “penny-calculated debt”, the total liability of the U.S. federal gove…
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