US debt tops $40t, stoking fiscal concern
- Posted on August 21, 2026
- By The China Daily
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- 1 min read
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US debt tops $40t, stoking fiscal concern
The United States Treasury Department said on Wednesday that total US government debt had surpassed $40 trillion, while announcing plans to at least double the maximum size of its liquidity-support buyback operations for longer-dated Treasury securities from $2 billion to at least $4 billion per operation.