US national debt hits $40 TRILLION as cost of war in Iran takes its toll
- Posted on August 20, 2026
- By Daily Mail
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- 1 min read
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US national debt hits $40 TRILLION as cost of war in Iran takes its toll
The US gross national debt has surged past $40 trillion for the first time, government data shows, outstripping earlier forecasts at a pace fueled in part by President Donald Trump's invalidated tariffs.