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Latest

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

The New York Times · August 19, 2026 at 4:11 PM

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 hampered by spending on the Iran war, tax cuts and tariff refunds.

Read the full article on The New York Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.nytimes.com — the content belongs to The New York Times.

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