US' record-breaking $40 trillion national debt raises global concern
- Posted on September 9, 2026
- By The China Daily
- 0 Views
- 1 min read
In brief
Generating AI summary…
US' record-breaking $40 trillion national debt raises global concern
The US Department of the Treasury must find immediate ways to reduce the record-breaking national debt of over $40 trillion, or "feel the pain" of dealing with it later on, warned economists, who said if it remains high it will affect generations of Americans, lead to more borrowing and could weaken international trust in the world's largest economy.