America's $40 Trillion Debt Milestone Is Coming Earlier Than Expected. Interest Costs Are Surging.
- Posted on August 19, 2026
- By International Business Times
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- 1 min read
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America's $40 Trillion Debt Milestone Is Coming Earlier Than Expected. Interest Costs Are Surging.
The acceleration of the national debt comes partly from an unexpected drop in federal revenue after the Supreme Court struck down President Donald Trump's "Liberation Day" tariffs.
