US Public Debt Hits $40 Trillion, Raising ‘Doom Loop’ Risk
- Posted on August 19, 2026
- By Google News
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- 1 min read
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US Public Debt Hits $40 Trillion, Raising ‘Doom Loop’ Risk
Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.
