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The Latest: The US national debt hits a record $40 trillion

  • Posted on August 20, 2026
  • By The Toronto Star
  • 1 Views
  • 1 min read
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The Latest: The US national debt hits a record $40 trillion
The Latest: The US national debt hits a record $40 trillion

The United States' debt surpassed a record $40 trillion Wednesday, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of
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The Toronto Star

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